No hiding place (1 of 2)

August 16, 2012

Regarding "So long UK, thanks for all the loans: we'll be in touch ..." (News, 9 August): just 9 per cent of European Union students are in arrears, not almost half as stated in the article's picture caption.

The story says that EU students' total outstanding debt was £111.1 million in 2010-11 - up from £49.2 million the previous year. Just to clarify: the debt at the end of 2009-10 was generated by 9,900 EU students with loans in repayment at that point. The debt at the end of 2010-11 (£111.1 million) related to 18,000 students.

The Student Loans Company does not write off loans until 25 years have elapsed, a period that will increase to 30 years for new students from 2012-13. The company uses a wide range of methods to track down defaulters in the UK and the EU.

Borrowers who move overseas after they graduate and think they can evade their obligations to repay by doing so are wrong. The SLC will shortly begin another round of litigation in the EU and will recover debts through the courts if necessary.

Ed Smith, Chairman, Student Loans Company

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Featured Jobs

Most Commented

Worried man wiping forehead
Two academics explain how to beat some of the typical anxieties associated with a doctoral degree
A group of flamingos and a Marabou stork

A right-wing philosopher in Texas tells John Gill how a minority of students can shut down debates and intimidate lecturers – and why he backs Trump

A face made of numbers looks over a university campus

From personalising tuition to performance management, the use of data is increasingly driving how institutions operate

students use laptops

Researchers say students who use computers score half a grade lower than those who write notes

As the country succeeds in attracting even more students from overseas, a mixture of demographics, ‘soft power’ concerns and local politics help explain its policy