Student loan shake-up puts £12bn hole in public finances

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National deficit increases after ONS says student loans count as government spending

 

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Education doesn't make holes in public finances, but the absence of it does...

I've always maintained that the student loans system looked awfully like a government promoted Ponzi scheme. Seems like ONS are now on their case. Just read the House of Commons Library briefing paper & you'll be terrified.

Worth focusing on the positive! Those students are the backbone & future of our Economy and they put back ££bn StudentLoans help most of those who can’t really afford to educate without that support in the UK. Stop spreading bad news! scaremongering BBCBreaking DebtCrisisOrg

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