Higher Education Policy

Debate between Lord Willetts and Eilidh Whiteford

Wednesday 27th April 2011 Commons Chamber

[Mr Willetts]

That was an excellent intervention. After this debate, I hope that Members on both sides will agree to commit ourselves to visit, between now and the summer, the secondary schools and colleges in our constituencies and explain to them that not a single young person is going to have to pay up front for their higher education. They will repay only if they are earning more than £21,000 a year and that means that their monthly repayments under our proposals will be lower than under the system we inherited from the previous Government.

[Dr Eilidh Whiteford (Banff and Buchan) (SNP)]

rose—

[Mr Willetts]

I will accept the hon. Lady’s intervention, especially if she makes that commitment.

[Dr Whiteford]

Last month, the BBC published figures from the accountants Baker Tilly. They suggested that a student who borrowed £39,000 to complete their higher education would end up paying back something in the region of £83,000. What does the right hon. Gentleman make of those figures?

[Mr Willetts]

I am afraid that I do not recognise those specific figures. We are talking about a system whose powerful logic is simple—no student pays up front, a point that my hon. Friend the Member for Beverley and Holderness correctly made.