Is this the biggest sale of student loans ever? It appears that the massive loans that the UK government have already acquired have caused the British Government to start thinking about its options. The high existing level of loan debts and, even more concerning, the future predicted high levels of loan debts, recently appear to have caused a bit of self assessment by the British Government. The consequence of this debt driven analysis appears to have been a belief that a “fire sale” of British Government assets is needed.
The argument for selling off these assets is that they can help pay down the sizeable loans that the British Government holds. The other point of view is that these assets provide a steady income and only provide a one-off gain. Many argue that the only real way to pay down the British Government’s debt is for the harder medicine of spending cuts or tax rises.
One of the British Government assets which appear to being put up for sale is the sizeable, and once controversial, British student loan book.
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Do you accept guest posts? I would love to write couple articles here.
Good info here, I’ve read a few of your pages now with similar info. I am currently trying to get debt free, so your information can be a real help.