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💭   The student loan fraud scandal

Politics

Imagine a stranger on the internet promised you thousands of pounds, transferred straight to your bank account from a foreign government, without any attached strings whatsoever. Now imagine your friends back home could get in on the action too, and that you’d receive bonuses for every one you referred. Better still, imagine the whole process could be repeated again next year, with all the troublesome paperwork handled by a third party. It sounds too good to be true. In fact, it’s the pitch international criminals have long circulated online — and exactly the reality across Britain’s student finance sector.

Unherd     May 11, 2025