Angry students call for loans-crisis boss to quit

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The Student Loans Company released figures showing that up to 146,000 students who have been approved for loans and grants were forced to start term without their payments.

Of those students who have received their first payment, thousands have been handed only partial, or "basic" funding. As the SLC published the latest figures, the National Union of Students called on SLC chief executive Ralph Seymour-Jackson to go.

The company has been beset by problems this year, as it struggled to cope with demand.

NUS President Wes Streeting said: "The SLC has given students a string of broken promises about when they should expect to receive some or all of their loan payments. It is time for Ralph Seymour-Jackson to take full responsibility for this shambles and resign immediately."

The SLC said it had released today's figures in response to the "high levels of public interest" in the processing of applications.