McDonnell: wiping out student loans is 'an ambition' for Labour

Shadow chancellor says party remains committed to abolishing tuition fees but rows back slightly on Corbyn statement of ‘dealing with’ student debtsJohn McDonnell has rowed back slightly on Jeremy Corbyn’s pre-election suggestion that Labour could wipe out existing student debt, saying this was “an ambition” for the party in power but would not necessarily happen.In an interview with the New Musical Express shortly before last month’s election, Corbyn had said