DfE gets over £13.5billion extra for 2020/21 loan impairments

Created
Thu, 25/02/2021 - 22:42
Updated
Thu, 25/02/2021 - 22:42
The UK government published its “supplementary estimates” for 2020/21 yesterday. These allocate additional budgetary resources to departments. Education has been given an extra £13.531 billion to cover the estimated losses on student loans issued in the year (April 2020-March 2021) and the likely downwards revisions to the value of already existing loans. The department had […]