Student Loans

Baroness Garden of Frognal Excerpts

Monday 20th July 2015 Lords Chamber

Asked by

[Baroness Garden of Frognal]

To ask Her Majesty’s Government what assessment they have made of the impact on the part-time higher education sector in England of extending loans to students with Equivalent or Lower Qualifications in certain subjects.

[Baroness Evans of Bowes Park (Con)]

The UK is a world leader in science and innovation, having the most productive science base in the G7. To continue to support this investment we announced a relaxation of the student support rules for those taking a second degree in part-time engineering, technology and computer science courses. This comes into force in the 2015-16 academic year, so it is too early to assess the impact of the policy.

[Baroness Garden of Frognal (LD)]

My Lords, while that is some good news, the UK’s current skills shortage can be met only if adults reskill and retrain to meet that shortage. On the advice of the CBI and in the interests of productivity, will the Government consider reviewing the whole policy introduced by Labour in 2008-09 and reinstating loans for ELQ students? If not, what other support are they offering in the other sectors?

[Baroness Evans of Bowes Park]

I agree with the noble Baroness that providing opportunities for adults to reskill is important. However, university alone is not the only route to do this or to help us meet the productivity challenges ahead. She will be aware, for instance, that apprenticeships are not just for young people. In fact, last year, more than half of higher apprentices were over the age of 25. This Government have ambitious plans to deliver more than 3 million apprenticeships, including at degree level, over this Parliament. Just last week, the Advanced Manufacturing Research Centre announced a pioneering new education route for successful apprentices to study advanced vocational university degrees as part of their training.