Student Tuition Fees and Maintenance Loans - Statement

Part of the debate – in the House of Lords at 3:11 pm on 18 December 2018.

Alert me about debates like this

Photo of Lord Bates Lord Bates The Minister of State, Department for International Development 3:11, 18 December 2018

We accept the ONS’s rules. The rules that she criticises are the same as those that were in place during the coalition years. People have pointed this out, and there is a debate about whether it is correct to book a loss that might or might not occur in 30 years in the year in which the loan is made. That is a reasonable debate to have. We do not make the decision; the ONS does. It has decided and we will follow it.