In June, the government announced plans to sell off student debt to private companies. Because there is so much student debt, it is unprofitable to own, so to sweeten the deal, the government is considering upping the repayment rates. This would be the equivalent of a huge and retroactive stealth hike in tuition fees, all in the name of an exclusive, market model of education.
In an open letter, we have explicitly targeted the LibDems and demanded that they rule it out: http://
NCAFC is calling for national and localised action against the sell-off of the student loan book. On top of direct action, NCAFC will seek to create a new coalition of social movements and trade unions to fight the sale of the student loan book by mobilising students, workers and graduates.
What can you do?
• Call an organising meeting on your campus around October 1st, the day when our deadline for assurances runs out. NCAFC London has already organised one here:http://www.facebook.com/
• Plan embarrassing stunts and disruptive direct against your local politicians – Lib Dems and others – if they fail to declare that they are against the debt sale and the Lobbying Bill
• Tell the companies who fund the Lib Dems to stop funding them
• Make sure that you and any organisation you are involved in joins the new coalition against the loan book sale. NCAFC will be calling a meeting in the coming weeks
The Facebook event for this mobilisation is here: https://www.facebook.com/events/212736578888544/
Whatever you get up to, please let us know so we can publicise it, by emailing the NCAFC national committee on [email protected], same goes for if you need help or resources!