Over the last few days, the Tories and their media allies have been attacking Corbyn & Labour since they sense he has backtracked on his promise to look at Student debt accrued by historic tuition fees. As momentum post,
Only @jeremycorbyn and a Labour government will abolish tuition fees and look into general student debt. The Tories would do nothing. #Marr
— Momentum (@PeoplesMomentum) July 23, 2017
Since Corbyn is opposition, his actions can’t be judged but the central truth is that the only hope is with Labour. It surprises me that the Tories consider this to be an attack line worth pursuing, whatever they say they look worse.
Student Debt
The cost of wiping out student debt will be based on the repayment flow, not the book value of the debt.