Business, Innovation and Skills
Gordon Marsden (Shadow Minister (Business, Innovation and Skills); Blackpool South, Labour)
To ask the Secretary of State for Business, Innovation and Skills what modelling his Department has prepared on the financial implications of introducing further education student loans; and if he will publish the results of that modelling.
John Hayes (The Minister of State, Department for Business, Innovation and Skills; South Holland and The Deepings, Conservative)
The Department's modelling of the impact of loans in further education is outlined in the consultation stage impact assessment “Further Education—Level 3+ Loans”. This was published in July 2011, and can be accessed at the following link:
A final stage impact assessment, containing updated modelling, will be published by May 2012.