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Secret papers: Student loans

Thursday 01 January 1998 00:02 GMT
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Secret papers: Student loans

The replacement of student grants by loans - bitterly opposed by Labour when introduced by the Thatcher government - was proposed in 1967 by Labour Education Secretary Tony Crosland. Crosland wanted to fend off Treasury demands for cuts in school budgets so proposed freezing student grants and gradually introducing loans to cover maintenance costs.

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