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| | Wednesday 16th January 2008 |
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| | Sale Of Student Loans Bill |
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| | | Student debt interest rate |
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| | To move the following Clause:— |
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| | | ‘In section 22(4)(a) of the Teaching and Higher Education Act 1998 (c.30) (new |
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| | | arrangements for giving financial support to students) for subparagraph (i) |
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| | | “(i) | shall be calculated on the basis of the percentage increase |
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| | | between the harmonised index of consumer prices published by |
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| | | the Office for National Statistics published in March of the |
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| | | current year and that index so published for March of the |
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| | | Application of income from sale of rights to repayments of student loans |
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| | To move the following Clause:— |
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| | | ‘The Secretary of State shall by regulations make provision for making payments |
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| | | to support students in higher education equal to the amount of the sums paid into |
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| | | the Consolidated Fund in consequence of the sale of rights to repayments of |
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| | Page 3, line 22 [Clause 3], leave out ‘may’ and insert ‘shall’. |
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