Property News · November 28, 2013

Student loans: hundreds of millions of pounds unaccounted for


NAO finds that the government does not have employment records for around 368,000 students and former studentsHundreds of millions of pounds of public money paid out in student loans is unaccounted for because the government does not have enough information about the recipients, a report by the spending watchdog suggests.The National Audit Office has found that the Department for Business, Innovation and Skills (BIS) does not have employment records for around 368,000 students and former students who took out loans under the scheme. Continue reading…

Source : theguardian.com
Read more…Student loans: hundreds of millions of pounds unaccounted for

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