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Written question asked by Lord Davies of Oldham , in the House of Commons. It was due for an answer on Tuesday, 3 December 1996. It was answered by Eric Forth (Conservative) on Tuesday, 3 December 1996 on behalf of the Department for Education and Employment.


Dept for Education and Employment

Question
What percentage of total outstanding student loan debt will be sold to the private sector in 1997-98 and in each subsequent year. - Includes figure.
Answer

Mr. Davies: To ask the Secretary of State for Education and Employment what percentage of total outstanding student loan debt will be sold to the private sector in 1997-98 and in each subsequent year. [7132] Mr. Forth: The total to be sold will depend on the forthcoming competition. Current plans assume that about half the debt then outstanding will be sold by the end of 1997-98 and about 80 per cent. of total accrued debt by 1999-2000.


Secondary information

Type
Written question
Reference
7132; 286 c613W;286 c611W
Session
1996-97
Subjects
Privatisation Loans Students Student Loans Company
Contains statistics
Yes