Minister urges banks to offer more loans to postgraduate students

By Rebecca Ratcliffe. Expanding student loans for postgraduate study is not a possibility, David Willetts tells Guardian conference. Banks should "step up to the plate" and offer more loans to postgraduate students, the universities minister has told a higher education summit in London.
Expanding student loans for postgraduate study was not a possibility, David Willetts told the Guardian's Future of Higher Education conference. He said professional and career development loans were the "classic device" for funding postgraduate study.
"There cannot be a universal loans system, and I don't want to find us inadvertently ending up with student number controls for postgrads as a consequence," Willetts said. Read more...