Emergency Motion - Opposition to the sale of student loans

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Last week, the Government announced the sale of £890 million worth of historic student loans to a debt collection agency.

Borrowing figures released last week show that there has been a jump in percentage of debt in the UK population – justified by the levels of student loan, and maintaining the UK as one of the most indebted per capita in the EU.

National Union of Students president Toni Pearce has described the move as "extremely concerning" and that it would see "the public subsidising a private company making a profit from public debt".

You can find the complete minutes from the emergency motion here.

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