National Debt

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 18th July 2017.

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Photo of James Cartlidge James Cartlidge Conservative, South Suffolk 12:00 am, 18th July 2017

Those figures are welcome, but will my right hon. Friend confirm that were the Government to pursue a policy of wiping all outstanding student debt, that would cost in excess of £100 billion and cause the national debt to surge? Will he also confirm that the biggest beneficiaries by far would be the top-earning graduates in the country?