debt pledge ‘deception’ Jeremy Corbyn accused of betraying voters after Shadow Chancellor John McDonnell all-but scraps vow to write off £100 billion student debt : Sun.

Mr McDonnell admitted he didn’t want to promise anything he couldn’t deliver.

JEREMY CORBYN has been accused of betraying young voters after his Shadow Chancellor all-but scrapped his vow to write off £100 billion of student debt.

John McDonnell downgraded the election pledge by saying a Labour government would “try to” cancel the debt.

Jeremy Corbyn

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Jeremy Corbyn has been accused of betraying young voters

But crucially he added: “I don’t want to promise something we can’t deliver”. The Marxist acknowledged the cost of paying off all remaining graduate debt would cost taxpayers about £100 billion and admitted: “It’s a lot of money.”

He said the system is “imploding” and said a Labour government would “look at what we can do” but repeatedly dodged to commit to writing off all debt.

The major shift in position comes just a month after Mr Corbyn graduates at the election that he would help those “already burdened with student debt,” adding: “I will deal with it”.

Read More : Sun.

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3 Comments

  1. It seems to me, that the only deception here, is by the Sun reporter.

    Corbyn pledged to abolish tuition fees in the manifesto. He also stated that they would have a look at the existing debt to see if there was any way they could clear it. He never made any promise to do it.

    If the debt was owed to the taxpayers, it would be easy to write off, but the government sold the debt book off to private companies, which means we would have to buy them back.

    http://www.independent.co.uk/student/news/student-loans-sales-debt-private-companies-treasury-graduates-12bn-a7565716.html

    Liked by 1 person

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