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The dog that hasn’t barked …
Why haven’t we yet had a ‘ministerial decision’ regarding the planned sale of student loans? It’s October 1st and the first tranche of sale proceeds, roughly £2.5 billion, is scheduled to arrive by the...
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Belated views on Autumn Statement
Apologies – December was very busy for me with other projects and I forgot to add links here to two pieces I published with wonkhe relating to the Autumn Statement. The first reveals a striking absence...
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Maintenance Grants scrapped
My first post of 2016 moaned about the democratic deficit plaguing higher education reform. Yesterday, 18 MPs gathered in a House of Commons meeting room to form a Delegated Legislation Committee. By...
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Headlines from the BIS accounts
The 2015/16 annual accounts for now-defunct BIS were published back in July. They covered the financial year to 31 March 2016 (which can cause some confusion when comparing with other figures, such as...
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IFS on tuition fees
As you’ve probably gathered from the media coverage, the Institute for Fiscal Studies has a new report out on tuition fees in England. It offers a thorough summary of changes since 2012 and reinforces...
View ArticleHeadlines from the DfE 2016/17 accounts
Updated 10.45am – I left out repayment data first thing. Responsibility for HE (and student loans) passed from the department of Business, Innovation & Skills to the Department for Education last...
View ArticleSale of Student Loans – Part 1 (of 5)
There has been a two-month hiatus on this blog as my other projects, including Fine Art Maths Centre, led to an increase in teaching commitments last term. My workload is much lighter in coming months...
View ArticleSecuritisation structure & loan sale value for money (2 of 5)
Kit Malthouse: Just on the sale of the book, why would anyone want to buy it? If you think about it from a commercial point of view, you have this large asset, which is subject to the vagaries of the...
View ArticleWas it a sale? ONS decisions (3 of 5)
In order for the securitisation to be classified as a sale, the government needs to have shed all risk associated with student loan repayments. Transferring those risks to the private sector required...
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May’s largesse costed & the end of RAB?
Last week, the Department for Education (DfE) published its financial report and annual statement for the year ending 31 March 2018. With regard to “English” student loans, it confirmed one thing we...
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