Monday 18 July 2016

Levitate Student: Naughty! Retrospective Change Loan Repayment Terms

Remember this..... Watch, Care, Share and #Shout



Music courtesy of Mizudori Dreamer

Well thanks to Martin Lewis, former student Alex True and all of you who signed the petition and wrote to your MPs - there will be a second chamber parliamentary debate on the issue today at 16:30

You can follow the action live  HERE

Wonder how many MPs will be in attendance? We predict a very empty chamber with just a handful standing up for students let down and mis-sold the student loan repayment terms. 

No doubt the government representatives will tell us what a great deal students have and changes are needed to keep the funding affordable......blah blah

The real issue is not changes but RETROSPECTIVE changes and the RISK that further changes could be imposed over the 30 year loan term.


Governments have to change how they deliver services - but that does not have to happen retrospectively. Student Funding changes that affect new students only allow them to make an informed choice about whether they consider the funding system a good deal before the embark on study and a lifetime repaying the funds that helped them access the opportunity.

Changes after the fact are mis-selling and letting down students and families who were naive enough to believe the what the MPs and universities were saying.

What other lender could get away with this? Only an unregulated one....



No comments:

Post a Comment