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Sale of Students Loans Bill

My Lords, I thank the Minister for bringing forward this amendment. It is a small amendment, but we were worried that students, on hearing that their loans had been sold on to some anonymous special purpose vehicle—perhaps called Granite or something like that—would worry that the terms of their loan might change. The assurance that the Secretary of State will write to inform them of precisely what has happened to the loan in terms of selling on and to give them assurance that the terms on which the loans were granted will not be changed is extremely important.