Lack of Government oversight has left student finance system open to fraud – MPs
by Eleanor Busby
Apr 23, 2024
3 minutes
A lack of Government oversight of franchised higher education providers has left the student loan system open to fraud and abuse, MPs have warned.
Franchised providers – institutions that operate in partnership with registered universities to deliver courses on their behalf – create “risks” for taxpayers and students, the Public Accounts Committee (PAC) said.
Some higher education providers may be incentivised to increase student numbers through franchising to “remain financially viable”, according to the report by the cross-party group of MPs.
A back door into the student loan system for
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