National are tinkering with student loan money recovery?
It is currently four and a half Billion outstanding and reports often state much of it will never be repaid.
How difficult to prevent anyone owing money to the State to leave the country and the debt behind.
Make any and all such debt transferred to a commercial lender who might have better persuading systems to hand thus relieving the Taxpayers liable for the bad debts.
I understand that 4.5 billion is not that big when placed within the Annual revenue turnover of over a hundred billion but It is capable of denting the deficit currently around 12 billion
Maybe, just maybe a visit from a serious debt collection person to their place of residence could persuade compliance? just wondering, sort of offering something they may choose not to ignore.
Gravedodger posts regularly on No Minister - where this article was sourced.
I understand that 4.5 billion is not that big when placed within the Annual revenue turnover of over a hundred billion but It is capable of denting the deficit currently around 12 billion
Maybe, just maybe a visit from a serious debt collection person to their place of residence could persuade compliance? just wondering, sort of offering something they may choose not to ignore.
Gravedodger posts regularly on No Minister - where this article was sourced.

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