Question to the Department for Education:

To ask the Secretary of State for Education, what the potential (a) short-term and (b) long-term benefits are of selling the student loan book for (i) the taxpayer, (ii) students with outstanding loans and (iii) current and future students.

The proposed sale of the student loan book, set out in Written Statement HCWS458, gives the Government the capacity to invest in other policies with greater economic or social returns and reduces fiscal pressures.

The position of students and graduates, including those with loans in scope of the sale, will not be affected by the sale.