I did go to post of “would you though?” But the missus was sat next to me.
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The missus isn’t sat next to me now.
So...Swinson...would you?
House of Commons Library suggests the following:
Currently more than £16 billion is loaned to around one million students in England each year. The value of outstanding loans at the end of March 2019 reached £121 billion. The Government forecasts the value of outstanding loans to be around £450 billion (2018‑19 prices) by the middle of this century.
On top of that you have to add figures for Scotland and Wales but the overall amount to eliminate student debt is very large which is the point.
She's a right sort
Looks like that includes maintainence loans (the kind I hold), which I certainly wouldn't expect to be on the table in this discussion. Crucially also we have to take into account the difference between the value and the likely payback rate.
I would prefer a bit more a nuanced approach compared to what labour proposed at the last election. Aiming to drive students towards degrees we want them to study by way of big fee decreases but with some kind of settlement with existing creditors (maybe shortening the payback period). I don't think you can make sweeping changes to future practice without considering those that have been burdened by the system brought in under the coalition.
Jeremy Corbyn will never be PM of UK.
She is.
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I wondered what it would take to get this thread moved. :hehe: