Ons Decisions: Student Loans

Part of the debate – in the House of Commons at 12:41 pm on 18th December 2018.

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Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury 12:41 pm, 18th December 2018

The fiscal impact of the accounting decision—that is what this is; it does not alter the amount of cash going out the door—will come to light at future Budgets, and all these decisions will be taken in the round. As I have said, the Augar review is being conducted independently of that. It is about what is right for students. Of course we look at issues such as cost of living. Other aspects affect cost of living, including housing, and we are building more new homes to make housing more affordable across the board.