5 Billion

[E.Martin]

If you can believe what you read £5 billion is owed to Britain by graduates who cannot be traced.
How can it be possible that the system involved still gives loans knowing that most of the money will never be repaid
The government is making lots of cuts which effects the British people what about stopping these free loans.

[robpage]

We obviously made them clever enough to dodge the
exchequer

[Louis the Amigo]

Hi Shipmates, Hi E Martin The government wants to sell the debt , to a private company for pennys for pounds , for about £20 million much of the student loan money was stolen by bogus students, from overseas' a scam, The only ones who will have to pay back the money will be the children of poor british familys many wont have the means to pay? This will not be nice for them ....

[Neil Morton]

Our new government is studying the same idea . I'm not sure of the figure but it is in the billions of dollars owed. As you say most of the students have buggered off back home to India and China. I wonder how the they intend to find them IF it goes ahead.

[Lou Barron]

We have the same problem inNZ but on a smaller scale

[Les Woodard]

Easy to find the bludgers responsible. They are the ones on the voting slips each election day. They finally figured out how to get their snouts into the trough before standing for election. Got to hand it to them have you not. If there is a way of ripping of the tax payer then they will find it.