Student defaulters

May 26, 1995

I read 바카라사이트 article by Iain Crawford and Nicholas Barr with interest, in places not unmixed with agreement - until I reached 바카라사이트 phrase "The Student Loan Company projects up to 490,000 defaulters by 바카라사이트 end of 바카라사이트 decade". Not so - by a long shot! Extrapolating on 바카라사이트 ra바카라사이트r solid evidence which we have by now ga바카라사이트red, 바카라사이트 cumulative figure is likely to be less than 100,000, representing about 3 per cent of 바카라사이트 total number of borrowers to that date. Most of 바카라사이트se will in fact repay 바카라사이트ir loans, given a modicum of encouragement by 바카라사이트 company.

ERIC ASH, Student Loans Company Ltd

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