Student loan accounting system is an engine of 'fiscal illusion'

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. Why are the rules struggling to cover accounting for student loans?

  2. Why is accounting for student loans accurately important?

  3. What was the Office for Budget Responsibility's problem with the existing accounting treatment of student loans?

  4. Why are tuition fees financed by student loans a problematic way of funding post-school education?

  5. What effect has the current means of accounting had on the education system?

  6. Which of these was not an accounting treatment examined by OBR?

  7. Why may the rules for accounting for student loans be difficult to change?

  8. Why is this a bigger problem now that it has been in the past?

  9. What is the 'revenue and expenditure' approach?

  10. What is the ESA?