Student Loan Interest Rates - Question

Part of the debate – in the House of Lords at 11:38 am on 27 March 2024.

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Photo of Lord Addington Lord Addington Liberal Democrat 11:38, 27 March 2024

My Lords, the student loan system is renowned for bad repayment rates and, as has just been mentioned, high interest rates. Would it not be the right time to get some system that the Government back and is on the government books? That is what needs to be done to get us away from the accounting procedure. It is ridiculous. I declare an interest as somebody who has a daughter who is coming up to her finals.