Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page:

From The Socialist newspaper, 22 January 2014

Stop the student debt spiral - day of action 6 February

Part of a week of action opposing student loan privatisation

Young people march for a future, photo Senan

Young people march for a future, photo Senan   (Click to enlarge)

Socialist Students

The Student Loan Company (SLC) is up for sale. Not content with charging us 9,000 a year fees for increasingly cut to pieces education, 100 million worth of bursaries, a lifeline for the poorest students, could be gone come September.

SLC privatisation could see our student loan conditions retrospectively changed, pushing students and graduates deeper into debt.

In public, the government claims privatisation will not affect students. But behind closed doors, leaked documents have revealed plans to allow potential new owners to charge graduates whatever interest rates they like, regardless of their original loan agreement.


Selling off and privatising student loans represents a further nail in the coffin for the provision of public education.

If privatisation is completed, the government will play almost no role in the funding and provision of higher education.

Instead, students will have to rely on unscrupulous loan shark-style finance companies or rich parents.

This transformation of universities from public institutions of learning to business bodies, competing in a market for 'customers', is already having a profound impact on the nature of the education they provide.

Recently, students at the University of London were faced with brutal police violence when peacefully demonstrating.

In response, thousands of students joined 'Cops off Campus' protests. The two issues are related. Democracy and protest have no role to play in this new marketised education system.

Critical thinking and academic freedom are inconvenient luxuries in a profit driven system.

But these attacks can be beaten. Student activists have called a week of action against Student Loan Privatisation.

Socialist Students is coordinating protests, occupations and stunts to say 'drop the debt, stop privatisation' on Thursday 6 February. This could be the launch pad for a mass campaign.

On the day of action Socialist Students will also be demanding that the National Union of Students does its job and organises a national student demonstration to end student debt as well as to defend the right to protest.

Our movement must say education is a right, not a privilege. This is the fight against student loan privatisation, but it's the fight against fees, cuts and marketisation as well.

Things can be different. The super-rich 1% should be made to pay for their crisis. Socialist Students says grants not loans, free education not fees and cuts. We can win fully funded, publicly owned, democratically run, free education for all.

We demand:

Socialist Students national conference

Rally for Revolution: Saturday 1 February, 6pm-8pm

Socialist Students national conference: Sunday 2 February10am-5pm

Come along to the Socialist Students national conference. We'll be discussing and debating the big issues affecting students - student loan privatisation, #CopsOffCampus, cuts and housing, the thirst for socialism and Marxism among students and young people, the battle for ideas on university campuses, Russell Brand's call for revolution, and how we can build a fighting and democratic NUS!

The event is open to all members of Socialist Students on any school, college, or university campus.

The whole weekend will be held in the Epicentre - 41 West Street, Leytonstone, London, E11 4LJ

If you would like to attend, send your details to

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.

In The Socialist 22 January 2014:

Socialist Party news and analysis

Real living wage now

Capitalism is a system in crisis

Pay me - I'm a banker!

What exactly is the point of Labour?

Stop the NHS sell-off

Bedroom tax loophole: Can legal tactics be effective?

Fracking - profiting from environmental destruction

Them & Us

International socialist news and analysis

Egypt referendum: no enthusiasm for new constitution

"Ireland is a success story" rhetoric is based on spin


Stop the student debt spiral - day of action 6 February

Youth Fight for Jobs campaign in Croydon

An open letter to Tristram Hunt

Socialist Party workplace news

Transport workers have power to defeat cuts

Teachers need a date for national action

Teachers strike against threatened redundancies

NUT strikes against management "observations"

More action needed to defend Probation Service

Publicity alone can't save sacked union branch official

Workplace news in brief

Socialist Party reports and campaigns

Lincoln marches against racism and fascism

Protest against Atos 'assessments' on 19 February

Salford workers and environmentalists challenge council

Stop cuts in Kent

Carlisle petition

Readers' comments and reviews

Benefits Street: A caricature of poverty

Leeds' forgotten dispute: The 1913-14 Corporation Strike

Robert Burns, insurrectionary poet


Home   |   The Socialist 22 January 2014   |   Join the Socialist Party

Subscribe   |   Donate   |   PDF  |   ebook

Related links:

Socialist Students:

triangleSocialist Students 'welcome' Hillary Clinton to Swansea

triangleStriking back against sackers' charter at Leeds Uni

triangleCardiff Socialist Students confront 'Parasite' Jacob Rees-Mogg

triangleSupporting the general strike in Catalonia

triangleLeeds Socialist Students marks 'International Safe Abortion Day'


triangleYoung people being strangled by debts

triangleNasty party out the Tories

triangleNHS meltdown - fight the Tory cuts

triangleHousing crisis: Corbyn's positive measures blanked by Labour's right


triangleWhat we saw

triangleFreshers week campaigning reports

triangleFight for free education


triangleSchools "can't go any further" - stop the cuts: set deficit budgets now

triangleGoldsmiths Socialist Students & South London Socialist Party: Capitalism in Crisis - How do we fight back?


triangleCWU fights court attempt to stop national strike


triangleUniversity of Leeds workers walk out


triangleNorth London hospital workers fight cuts and job losses


triangleWhy do young people need socialism?


triangleFight tuition fees


triangleNUS leadership: Blairites supported by establishment

Reports and campaigns

Reports and campaigns


North West

Arriva North West bus drivers strike over pay


Democratic rights

Conference on state spies: who's watching who?



Striking back against sackers' charter at Leeds Uni


Royal Mail

Royal Mail bosses block strike - back postal workers



Balloting members on the pay cap



'Dazzling' Bad Art show points to socialist future



Sheffield Labour council threatens peaceful protesters with prison


South West Wales

Hundreds turn out for rally aimed at removing west Wales Tory MP



Uprising to save the NHS!



Can you donate to the Socialism 2017 appeal?


East London

No cuts - hands off King George A&E!


North London

North London hospital workers fight cuts and job losses



Nationalise to save jobs at BAE Systems



Schools "can't go any further" - stop the cuts: set deficit budgets now



Socialist Students 'welcome' Hillary Clinton to Swansea

triangleMore Reports and campaigns articles...

Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle19 Oct Arriva North West bus drivers strike over pay

triangle18 Oct Russia, October 1917: When workers took power

triangle18 Oct Tories torn - bin them now

triangle18 Oct Royal Mail bosses block strike - back postal workers

triangle18 Oct Balloting members on the pay cap

triangle13 Oct The end of the Tories?

triangle11 Oct Nasty party out the Tories

More ...

triangle21 Oct Birmingham: NSSN Solidarity Forum

triangle23 Oct Chesterfield Socialist Party: The continuing struggle for abortion rights

triangle24 Oct Liverpool Socialist Party: The October Russian Revolution 100 years ago to the day

triangle25 Oct Salford Socialist Party: The October 1917 Russian revolution

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube



October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017





















Platform setting: = No platform choice