Labour leader said before election he would ‘deal with’ debts, but now says that was not a commitment to write them offJeremy Corbyn has insisted Labour did not commit to wiping graduates’ student loan debts during the general election campaign, after Conservative MPs accused the party of knowingly misleading students. The Labour leader told NME magazine during the election that he would “deal with” the huge debts acquired by graduates who had paid high tuition fees, as well as abolishing fees for current students. Corbyn said the party was not aware of how much writing off the debt burden would cost. “What I said was we would deal with it by trying to reduce the burden of it,” he said. The Institute for Fiscal Studies has suggested students in England are set to graduate with average debts of £50,800.

Source: The Guardian July 23, 2017 10:18 UTC