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New UK Student Loans Company head steers for calmer waters

Paula Sussex prioritises improving communication and technology

Published on
October 14, 2019
Last updated
October 16, 2019
Paula Sussex

The chief executive of the UK鈥檚 Student Loans Company has said that she 鈥渄oesn鈥檛 recognise鈥 the reputation that the scandal-hit organisation has carried in recent years.

Paula Sussex joined the organisation, which administers the country鈥檚 拢100聽billion student loan book, in 2018, after her predecessor, Steve Lamey, was dismissed for gross misconduct in public office. He was found to have failed to protect a potential whistleblower and to have been responsible for a 鈥渇ailure in leadership鈥. Not long after, 探花视频 revealed that the SLC had awarded compensation worth more than 拢70,000 over two years to students who had suffered financial hardship or inconvenience as a result of errors in payments.

Ms Sussex has now launched a three-year strategy to improve governance and customer service, and also aims to make the organisation a better place to work.

She told 探花视频 that she 鈥渇elt privileged鈥 to lead the company but recognised that 鈥渨e all want it to be better鈥. For example, 鈥渋t could be better certainly for the more complex of our customer enquiries鈥, she said.

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One of the main ways to do this will be to 鈥渟eriously focus鈥 on technology, which had been historically underdeveloped at the organisation, Ms Sussex said. The SLC now has a customer base who 鈥渄on鈥檛 expect to be sitting on the phone鈥, she said. 鈥淪o we鈥檙e looking at using software technology they would recognise, such as web chats.鈥

Earlier this year, it emerged that more than 拢28聽million of overpayments by graduates on their student loans made between 2009-10 and 2017-18 . Payments are supposed to stop when a loan is fully repaid, but, in a number of cases, they continued.

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According to Ms Sussex, the upgrading of technology will tackle this 鈥渂ecause it can help significantly with the timeliness of data exchange between ourselves and [HM聽Revenue and Customs]鈥.

鈥淲e鈥檝e been working really well together [with HMRC] to come up with a much more accurate system and much more accurate statement,鈥 she said.

Another priority for Ms Sussex is to improve communication with customers and the public to show that the SLC performs strongly for the 鈥渕ajority of its customers鈥.

The SLC鈥檚 strategy points out that two recent reports 鈥 the Augar review of post-18 education funding in England, and a review of the SLC itself 鈥 have stated that communication and the 鈥渓anguage of loans and debt鈥 could be improved to reflect the unique nature of income-contingent repayments.

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These changes include the potential to rename Ms Sussex鈥檚 organisation. Although she emphasised that the nomenclature of the wider funding system was not within her remit, she said 鈥渋t does strike me that our very name, Student Loans Company, is not as accurate as it could be鈥.

The SLC is also facing 鈥減olitical and economic uncertainties鈥, including the post-18 review鈥檚 recommendation that tuition fees be reduced to 拢7,500 a year, Brexit, a general election that could potentially herald the scrapping of fees altogether, and a possible Scottish independence referendum, according to the strategy.

鈥淲e do have contingency plans for whatever the world could throw at us,鈥 Ms Sussex said. 鈥淵ou always have to be able to correct course. Of course, we would like it to be plain sailing for a few years, but that won鈥檛 necessarily be the case.鈥

anna.mckie@timeshighereducation.com

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Reader's comments (1)

What about calmer waters? SLC is covering a fraud for years, a Ponzi Scheme well known to the stakeholders involved. SLC cover up Pearson fraudulent practices for years. Qualifications with no value( designed by Pearson as old non regulated provisions ) are sold to students as subdegree in order to access public funding. At the very end, when the students are ending up with awards matching old non regulated provisions ,it is to late.No academic credentials,no progression. Therefore,Mrs Paula Sussex,I will personally adress her an email should do something more than showing off. It is a coruption within higher education institutions up to the highest levels,not only SLC.; DFE,QFQUAL,QAA ....all play a blind eye because it is a Ponzi scheme and a Ponzi scheme is cleverly designed before being aproved.

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