Student Tuition Fees and Maintenance Loans - Statement

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

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Photo of Lord Forsyth of Drumlean Lord Forsyth of Drumlean Chair, Economic Affairs Committee, Chair, Economic Affairs Committee, Chair, Finance Bill Sub-Committee, Chair, Finance Bill Sub-Committee 3:11, 18 December 2018

My Lords, can my noble friend confirm that, had this change not been made, in 2050 the write-off in cash terms on the student finance book would be £1.2 trillion?