Why we wanted to contribute to the debate
…ime loan allocation brought in that would make it possible for people to re-train and up-skill throughout their career. Secondly, we know that the projected public subsidy on existing student loans is too high – 45% and growing. If these projections are right, it means that for every £1 the government gives out in student loans, they will only get 55p back. The growing cost of this loan subsidy is not sustainable in the medium or long term. We wer…