B

Baroness Smith of Malvern (Lab)

Speaking in the House of Lords on 13 November 2024

Debate

Sharia-compliant Student Finance

Contribution

Obviously, we keep interest rates, which are linked to the RPI for student finance, under review. But in principle, as far as the student finance system is concerned, it is right that students who continue to get considerable benefit from higher education help to fund that higher education, alongside the taxpayer, who also of course stands behind the loan system. At the end of the period of its term, a loan will be written off for any student who has not repaid by that point.

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