Angela Rayner MP, Shadow Secretary of State for Education, commenting on the Government’s announcement regarding the sale of the student loan book, said: 

“The Tories have tried to sell-off the student loan book before, but abandoned the idea when they realised it was a bad deal for students and a bad deal for the tax-payer.

"This Government never learn any lessons – this sale will do nothing to ease the burden of debt piled on students by the Tories who have trebled tuition fees and scrapped maintenance grants.

“Labour has committed to restoring maintenance grants to help young people from all backgrounds have access to University.”

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