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Government sale of student loans.

Government sale of student loans.

“It is troubling that the Government could have expected to recoup the £1.7bn sale price in just eight years.

“Decisions on asset sales must fully consider value for money but I am not convinced that this transaction, with its narrow and short-term objective of reducing public sector net debt, is fully compatible with that principle.” 

She said ministers must be more transparent about what the sale means. 

“It is not clear how this sale serves to decrease the long-term risk to the public finances, nor if Government’s decision to withhold the identity of investors best serves the public interest,” she said. 

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