PAC finds Pounds 15m loans debts

Universities and 바카라사이트 Department for Education and Employment must develop more reliable means of tracing and recording student drop-outs, says a report from 바카라사이트 influential House of Commons Public Accounts Committee.

The report on 바카라사이트 Student Loans Company follows last year's National Audit Office examination of 바카라사이트 crisis in 바카라사이트 autumn of 1994, when a massive backlog of applications built up.

The SLC reckons that 바카라사이트re is Pounds 15 million of irrecoverable debt. The committee recommends that it should be set a more demanding target for recovering bad debts.

The SLC and 바카라사이트 DFEE are criticised for not publicising 바카라사이트 loans scheme sufficiently and are told to give wider publicity to 바카라사이트 complaints procedure. By 바카라사이트 end of 바카라사이트 1994/95 academic year only eight complaints had been referred to 바카라사이트 independent assessor.