Review of the student loan sale programme
As part of Budget 2020, the government conducted an internal review of the student loan sale programme, in consultation with the Department for Education and UK 바카라 사이트 Investments.
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This review sets out the government바카라 사이트™s analysis and confirms that the 2 past sales achieved value for money, raising £3.6 billion and reducing public sector net debt.
However, following the ONS바카라 사이트™ recent change in the accounting treatment of student loans, sales would now have new impacts on borrowing and net investment. Due to the government바카라 사이트™s progress in fixing the public finances, debt is now expected to be broadly stable over the medium term. As such, the review announces that the government will not make further sales of student loans. Students are unaffected by this decision.