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Sale of Student Loans Bill

I do not have that figure at my fingertips, but following this debate I shall happily write to the hon. Gentleman and set it out for the record. Transferring ownership of large parts of the English loan book will allow us to reduce the risk of continuing to hold the loans on the Government’s balance sheet, and is expected to realise an initial £6 billion in receipts over the next three years. Having commissioned expert external advice from the financial sector, we believe that we will be able to conduct sales at a price that represents good value for money for the taxpayer. I think that we can achieve that.