{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&hansardHeading=Universities%3A+Procurement", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&hansardHeading=Universities%3A+Procurement", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&_metadata=all&hansardHeading=Universities%3A+Procurement", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&_page=0&hansardHeading=Universities%3A+Procurement", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&hansardHeading=Universities%3A+Procurement", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?tablingMemberPrinted.=Lord+Mendelsohn&hansardHeading=Universities%3A+Procurement", "items" : [{"_about" : "http://data.parliament.uk/resources/1109888", "AnsweringBody" : [{"_value" : "Department for Education"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1109888/answer", "answerText" : {"_value" : "
The Office for National Statistics (ONS) announcement is a statistical change. Therefore, there are no changes to the operation of the student loans system or Department for Education departmental accounting.<\/p>
In April 2018, the ONS announced that they would review the treatment of student loans \u2013 in particular re-examine the classification of student loans as financial assets for government. They argued the stock of student loans has grown rapidly in recent years and a significant proportion of the total value of the loan book is now expected to be cancelled at maturity.<\/p>
The ONS announced in December 2018 that the recording of student loans in the national accounts and public sector finances would mean that student loan payments will be split into a portion that is genuine government lending (and will be repaid) and a portion that is government spending (which is not expected to be repaid).<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4169", "label" : {"_value" : "Biography information for Viscount Younger of Leckie"} } , "answeringMemberPrinted" : {"_value" : "Viscount Younger of Leckie"} , "dateOfAnswer" : {"_value" : "2019-04-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-04-11T13:36:38.883Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "60"} , "answeringDeptShortName" : {"_value" : "Education"} , "answeringDeptSortName" : {"_value" : "Education"} , "date" : {"_value" : "2019-04-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Universities: Procurement"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government, following Office for National Statistics changes to the recording of student loans in the national accounts, what guidance has been provided to universities regarding their classification, or otherwise, as contracting authorities for the purposes of the Public Service Contracts Regulations 2015.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4286", "label" : {"_value" : "Biography information for Lord Mendelsohn"} } , "tablingMemberPrinted" : [{"_value" : "Lord Mendelsohn"} ], "uin" : "HL15080"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }