Skip to main content

Loan secrecy

Eric Forth, the higher education minister, this week refused to name any banks or building societies that had expressed interest in accepting Government subsidies in return for providing loans to students.

During the second reading of a two-clause student loans Bill, Mr Forth said the financial institutions were waiting to see the fine print of the tender documents.

The second reading was carried by a majority of 35 votes.

Log in or register for FREE to continue reading.

It only takes a moment and you'll get access to more news, plus courses, jobs and teaching resources tailored to you