SALE OF STUDENT LOANS

Early day motion 929, tabled 7 February 2017 by Jim Cunningham (Labour). Signed by 44 members.

That this House expresses grave concern at the proposed sale of student loans; is further concerned that any privatisation will not be beneficial for taxpayers; expresses concern that it may have serious consequences as the UK market has little experience of buying debt with an uncertain maturity date; notes that the Government has previously acknowledged that selling off parts of the student loan book was not good value for the taxpayer; laments the Government's decision to seek short-term profit at the expense of public interest; and therefore calls on the Government to reconsider its proposed sale of Student Loans

Signatures by party: Scottish National Party 23, Labour 12, Independent 2, Labour/Co-operative 2, Plaid Cymru 2, DUP 1, Green 1, Social Democratic and Labour Party 1.