National week of action against privatisation of student debt to take place in February
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A week of action to protest against the privatisation of the student loans book has been organised for Monday 3rd – Friday 7th of February. Organised by campaign group the Student Assembly Against Austerity, the week will see various events taking place at around 50 universities and colleges across the country. The week, which is being supported by the NUS, will culminate with a protest outside the Department of Business, Innovation and Skills in Central London on the Friday. In November the government began the process of selling off £900m worth of student loans that had been taken out before 1998 to a private debt collector, for £160m. There are plans to continue the sell-off, meaning student loans taken out as recently as 2012 are likely to be placed in private hands by 2015. NUS Black Students’ Officer and spokesperson for the Student Assembly Against Austerity, Aaron Kiely, says: “The government’s plan to sell off the student loan book to private companies is the latest outrageous attack on students and education which will affect millions of people.
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