Lloyd Russell-Moyle
Main Page: Lloyd Russell-Moyle (Labour (Co-op) - Brighton, Kemptown)Department Debates - View all Lloyd Russell-Moyle's debates with the HM Treasury
ONS Decisions: Student Loans
Lloyd Russell-Moyle Excerpts(5 years, 9 months ago)
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Elizabeth Truss
I have been very clear that this decision, which is fundamentally an accounting decision, will not affect the outcome of the review.
Lloyd Russell-Moyle (Brighton, Kemptown) (Lab/Co-op)
This may be an accounting decision, but it clearly does increase the deficit for the Government. With students paying 6.3% interest, 70% of students never paying the full loan back and almost 50% of the loans never paid back at all, who is the current student finance system working for?