SDLP YOUTH CRITICISE BROWN ON SHORT SIGHTEDNESS
Published by SDLP Youth on Wednesday 14th October 2009SDLP youth chair Cllr Matthew McDermott has criticised the Prime Minister Gordon Brown for his proposal to sell off the Student Loan Book in the proposed list of assets to be sold off and warned that the review into student fees must not reflect the wishes of Vice Chancellors but rather represent the needs of students, particularly our most vulnerable.
Matthew said, ‘ Gordon Brown has proposed selling off government assets to offset the budget deficit. While this is an approach we would generally welcome to avoid severe cuts, we can’t support the selling off of the student loan book. Selling this off will undoubtedly lead to higher interest rates for students in the future. It is a shortsighted move that is ill thought out and does not represent the wishes of the vast majority of students.
‘ Add this to the fact that University UK (UUK) the body representing UK Vice Chancellors has called for a rise in fees to about £5 000 per year and the CBI has called for ‘restricted’ maintenance grants and this equals a bad deal for students.
‘ The government will be reviewing all this in November and we will be asking our SDLP MP’s to make representations to the government opposing these moves and join the Labour Backbenchers organising against any increase in fees.
Continuing Matthew said, ‘ SDLP Youth will also be stepping up a student awareness campaign across our universities calling on the Student Loan Book to remain in public ownership, no fee hike and no tampering of the maintenance grants.
‘ If the government goes ahead with any of these moves we are heading for a situation whereby University will only be for societies most wealthy and exclude young people from poorer backgrounds. A situation that is unsustainable.








