§ Mr. DalyellTo ask the Secretary of State for Education and Science if he will place in theOfficial Report a full account of the objections to his proposals for student loans from banks.
Mr. JacksonThe White Paper "Top-up Loans for Students" (Cm 520) contained, in annex G, a discussion of possible objections which had been expressed in evidence to the review of student support. The potential participation by the banks and other financial institutions in the administration of the scheme is under consideration; my right hon. Friend will announce his conclusions in due course.
§ Mr. DalyellTo ask the Secretary of State for Education and Science what is the estimated cost to public funds over the next 10 years of his proposals for student loans.
Mr. JacksonThe estimated costs to public funds of the Government's proposals of top-up loans were set out in annex E of the White Paper "Top-up Loans for Students" (Cm 520). That estimate excluded administrative costs, which have yet to be determined.