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Proceeding contribution from Adam Afriyie (Conservative) in the House of Commons on Thursday, 22 November 2007. It occurred during Debate on bill on Sale of Student Loans Bill.


Sale of Student Loans Bill

There is concern on that point and questions need to be answered. Financial debts are sold on the markets. Risks are sold on in markets. As it moves around the market, there is a possibility that the risk may end up within an institution that is underwritten or guaranteed by Government. It could have ended up on the books of Northern Rock, for example, in which case the taxpayer would be underwriting it. The hon. Gentleman raises an extremely important point.


Secondary information

Type
Proceeding contribution
Reference
467 c1400 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Data protection Devolved matters Cost effectiveness Debts Fees and charges Education maintenance allowance Higher education Interest rates EU nationals Privatisation Publicity Loans Overseas students Part-time education Wales Repayments Students Welsh Government Revenue and Customs Student Loans Company
Legislation
Sale of Student Loans Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk