(7 years, 5 months ago)
Commons ChamberI chair the Business, Energy and Industrial Strategy Committee. Before tuition fees were trebled in 2012, the Committee held a session during which it interviewed the then Secretary of State for Education. He said—I quote from the report—
“When the Government’s economic policies have produced the successful outcome that we all expect, we can return to the question of how universities can be supported in a more generous way, but at the moment we face a massive financial crisis.”
The current proposals are actually less generous, not more generous. Are we still experiencing a financial crisis? If not, when will the present Minister and the current Government live up to the commitment given by that Minister?
I am puzzled by that intervention. Our per-university, per-student funding has risen by 25% as a result of our reforms. If the hon. Gentleman wishes to read the report published last week by the Institute for Fiscal Studies, he will see that, on a per-student basis, our universities, per degree, are better funded than they have been at any point during the past 30 years.