M

Member

Speaking in the House of Lords on 7 September 2026

Debate

Financial Services and Markets Bill [HL]

Contribution

I turn to the sale of student loans, raised by the noble Baroness, Lady Bowles. The last student loan sale took place in 2018. The Government have no active programme of student loan sales and currently have no plans to undertake further sales. I reassure noble Lords that existing legislation already includes protections for borrowers whose loans have been sold, including provisions in the Sale of Student Loans Act 2008 designed to ensure that such borrowers are not placed in a worse position as a result of the sale.

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