Lord Low of Dalston
Main Page: Lord Low of Dalston (Crossbench - Life peer)Department Debates - View all Lord Low of Dalston's debates with the Ministry of Defence
(6 years, 11 months ago)
Lords ChamberI made the position clear on vice-chancellors’ pay the other day in the House. Although the Government do not wish to interfere, my colleague in the other place, Jo Johnson, has made it quite clear that universities must have restraint in the pay offered to vice-chancellors and, indeed, to other senior positions.
My Lords, if we could come back to the Question, it was reported at the weekend that Mrs May was casting around for ways to ease the burdens on students. Would an obvious way of doing that not be to reduce interest rates to something more like the rates that banks were paying to investors?
There have been rumours in the press about a review but I cannot really confirm that at all. We believe the balance is right between making sure that the interest rates are right and that we encourage people to go to university.