Posts tagged ‘Student Loans Company’

The cost of a letter

The SLC also admitted that around 309,000 customers had been sent letters using the Smith Lawson brand in the last nine years.

Using Wonga’s average of £50 repayment per customer as a baseline, I reckon that the State needs to cough up about £15.5m to cover the cost of the Student Loan Company’s actions between 2005 and the present day.