Student Loans – Head of Student Loans Company under pressure to resign
The head of the Student Loans Company is under intense pressure to resign today following a damning report which concludes there was a “conspicuous failure” to deliver this year’s grants on time.
An independent inquiry into this year’s fiasco, which saw tens of thousands of students start term with no cash, blames the delays on “management indecision and over-optimism” as bosses failed to act when a new computer system collapsed this summer. When the problems became apparent it operated a shut doors policy, refusing to engage with student unions, universities or the press to explain the problems.
The independent inquiry, ordered by the universities minister David Lammy and conducted by the former South Bank University vice-chancellor Professor Sir Deian Hopkin, recommends a fundamental shake-up of the organisation’s management. The chair of the Student Loans Company board confirmed they would accept all recommendations and the National Union of Students immediately called for the chief executive, Ralph Seymour-Jackson, to resign.
source here.
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