Students: Loans

Treasury written question – answered on 4th September 2018.

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Photo of John Martin McDonnell John Martin McDonnell Shadow Chancellor of the Exchequer

To ask the Chancellor of the Exchequer, what representations his Department has made to the Office for National Statistics on their work on considering alternative treatments for student loans in the national accounts.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

National accounts classification decisions are the responsibility of the independent ONS, following international accounting standards. The Treasury assist the ONS in collating information that is pertinent to their decisions.

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