Prospective Prime Minister and leader of the Labour Party Jeremy Corbyn has said he is looking at ways to reduce the debt burden of thousands of former university students as part of his education reforms, according to sources from the Independent.
If Labour wins, they already proposed to abolish tuition fees. Corbyn stated: “Labour will lift this cloud of debt and make education free for all as part of our plan for a richer Britain for the many not the few.”
He continued: “We will scrap tuition fees and ensure universities have the resources they need to continue to provide a world-class education. Students will benefit from having more money in their pockets, and we will all benefit from the engineers, doctors, teachers and scientists that our universities produce.”
In terms of abolishing debt, the Labour Party leader said: “We’ve not got a policy or proposal on it. There wasn’t time between the announcement of the election and the publication of the manifesto but I do understand that point and I’m entirely sympathetic to it.”
In an interview with NME magazine, the Jeremy added to this issue, stating to them that: “There is a block of those that currently have a massive debt, and I’m looking at ways that we could reduce that, ameliorate that, lengthen the period of paying it off, or some other means of reducing that debt burden.
“I don’t have the simply answer for it at this stage – I don’t think anybody would expect me to, because this election was called unexpectedly, we had two week to prepare all of this – but I’m very well aware of that problem.”
Mr Corbyn said that the Tories have held students back for too long, “saddling them with debt that blights the start of their working lives”.
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