For immediate release
Responding to the plans to change the student loans system, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“The current student loan system is unsustainable, with working taxpayers expected to fill the gap for unpaid loans.
“The majority of graduate debt is written off at the taxpayer’s expense, so these reforms to make the balance fairer are long overdue.
“Now universities must do more to tackle waste to ensure that students who are serious about study get real value for money.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media Campaign Manager, TaxPayers' Alliance
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
TaxPayers' Alliance's advisory council.
- The TaxPayers’ Alliance has called for an increase in the student loan repayment rate to 15 per cent, saving £3.4 billion next year.