Heads are expected to roll at the beleaguered Student Loans Company (SLC) after a damning report today criticised the firm's handling of the student finance system.
A loophole in loan agreements which would have allowed a Cheshire couple to write off their £40,000 debt has been closed by judges at the Court of Appeal.
Taxpayers were hit for at least another £28.7 billion today as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector.
A mammoth 175,000 students are still waiting to receive loans and grants even though their courses have already started, an investigation revealed today.
9 October 2009
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