Early day motion tabled by primary sponsor Jim Cunningham (Labour), on Tuesday, 7 February 2017, in the House of Commons. It is signed by 44 members in total.

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SALE OF STUDENT LOANS

That this House expresses grave concern at the proposed sale of student loans; is further concerned that any privatisation will not be beneficial for taxpayers; expresses concern that it may have serious consequences as the UK market has little experience of buying debt with an uncertain maturity date; notes that the Government has previously acknowledged that selling off parts of the student loan book was not good value for the taxpayer; laments the Government's decision to seek short-term profit at the expense of public interest; and therefore calls on the Government to reconsider its proposed sale of Student Loans

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Secondary information

Type

Early day motion

Reference

929 

Session

2016-17

Other sponsors

Ronnie Campbell

Ian Murray

Martin Docherty-Hughes

Natalie McGarry

Chris Stephens

Subjects

Loans Students

Link

View this Early day motion on www.parliament.uk