Oral Answers to Questions
Debate between Lord Willetts and Andrew George(10 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Willetts
This is not to do with the introduction of the fees and loans. As I said in answer to the previous question, the burden of repayment on graduates has fallen. The hon. Gentleman describes a trend that began under the previous Government. We believe it is attributable significantly to their policy of not funding students who already have an equivalent-level qualification. That is why I have started the process of reversing that by extending entitlements to loans to more part-time students, and we aim to continue to reverse the damage done by Labour’s policy.
Andrew George (St Ives) (LD)
17. What assessment he has made of the effects on businesses of banks’ lending practices.
Higher Education Funding
Debate between Lord Willetts and Andrew George
Mr Willetts
The money will reach universities in a different way; it will come via the choices of students. Students will not have to pay out of their back pocket—they will not have to pay directly—but eventually the money will reach universities. When graduates benefit from higher earnings as a result of their study at university, their graduate contribution will pay for the system. A graduate contribution is the right way—an equitable way—of paying for that system, because it empowers students and, at the same time, secures progressive access to universities.
Andrew George (St Ives) (LD)
The lobby for university students is particularly powerful, but for those studying for vocational qualifications less so. In that light, can the Minister reassure me that today’s proposal will not have a detrimental impact on those students from low-income backgrounds who study for such qualifications?
Mr Willetts
All Ministers in the Department for Business, Innovation and Skills are very strongly committed to the vocational route. One thing that has gone wrong with this country has been the creation of a bottleneck owing to the belief that university is the only route into a career and a well-paid job. We will put forward our skills strategy in the very near future, and I hope the hon. Gentleman will recognise that it addresses absolutely the point that he rightly raises.