The chair of the Student Loans Company (SLC) John Goodfellow is standing down and Ralph Seymour-Jackson, the company's chief executive, has resigned, the government has confirmed.
Only Labour would have countenenced them staying in place for as long, and disastrously, as they have done.
Business Secretary Vince Cable commented: "Last year's crisis in the Student Loans Company caused real upset for students and their families, many of whom lost confidence in the system. We must avoid a repetition of the problems. I believe a new chair and chief executive will provide the fresh leadership needed to deliver the remaining changes necessary for an improved service to customers this summer."
Agree with Vince on this one.