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969341
registered interest false more like this
date less than 2018-09-06more like thismore than 2018-09-06
answering body
Department for Education more like this
answering dept id 60 more like this
answering dept short name Education more like this
answering dept sort name Education more like this
hansard heading Grafton College of Management Sciences: Standards more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what assessment they have made of the report published by the Quality Assurance Agency for Higher Education in June on Grafton College of Management Sciences. more like this
tabling member printed
Lord Storey more like this
uin HL10171 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The department considered the published report from the Quality Assurance Agency (QAA) for Higher Education on Grafton College of Management Sciences Limited, alongside other investigation reports and outcomes, to assess compliance with the department’s ‘Specific Course Designation Guidance: Policy and Guidance for Alternative Providers of Higher Education’ (published in July 2017). The department took action in line with this published guidance to protect public funds. Grafton College of Management Sciences is no longer designated for student support purposes.</p> more like this
answering member printed Viscount Younger of Leckie remove filter
question first answered
less than 2018-09-13T14:39:13.063Zmore like thismore than 2018-09-13T14:39:13.063Z
answering member
4169
label Biography information for Viscount Younger of Leckie more like this
tabling member
4238
label Biography information for Lord Storey more like this
968822
registered interest false more like this
date less than 2018-09-05more like thismore than 2018-09-05
answering body
Department for Education more like this
answering dept id 60 more like this
answering dept short name Education more like this
answering dept sort name Education more like this
hansard heading Students: Loans more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what plans they have, if any, to provide assistance to students paying over six per cent in interest on their tuition fees and maintenance loans. more like this
tabling member printed
Lord Roberts of Llandudno more like this
uin HL10106 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The system of variable interest rates based on income is progressive, and ensures that higher earners make a fair contribution to the sustainability of the higher education system.</p><p> </p><p>Student loan interest rates vary with income. Only borrowers earning over £45,000 and those in study pay the maximum interest rate of 6.3% and many will be charged less than this. The system of variable interest rates help ensure that the highest earners make a higher total contribution than those on lower incomes.</p><p> </p><p>Reducing interest rates would benefit high earners only. That is why the government has increased the repayment threshold from tax year 2018-19 and will increase the repayment threshold again in April 2019, reducing monthly repayments for all borrowers earning above £25,000.</p><p> </p><p>We believe that it is right that students should contribute to the cost of their higher education and that this contribution should be linked to their income. This means that those who have benefited the most from their education repay their fair share.</p>
answering member printed Viscount Younger of Leckie remove filter
question first answered
less than 2018-09-13T14:38:53.903Zmore like thismore than 2018-09-13T14:38:53.903Z
answering member
4169
label Biography information for Viscount Younger of Leckie more like this
tabling member
3691
label Biography information for Lord Roberts of Llandudno more like this