(9 years, 8 months ago)
Commons ChamberNo. In fact, the success of the Government’s policy reforms are reflected in the hon. Lady’s own constituency. In October 2009, 20.8% of young people in her constituency went to university, whereas this October it was 30.2%—nearly a 50% increase. What is extraordinary is that a day before the general election campaign begins, the Labour party has not worked out how to pay for its university policies. Labour’s chaos would plunge the successful policy that we have introduced into chaos—a very good reason not to have a Labour Government.
Does my right hon. Friend agree that our higher education reforms have delivered more students, especially from disadvantaged backgrounds, more funding for teaching in universities than ever before and have lowered the monthly repayments by graduates, which is the key sum that mortgage lenders take into account when people are trying to get started on the housing ladder?
My right hon. Friend is absolutely right. I pay tribute, as the whole House should, to his work in achieving this transformation. This is a proud moment for him to leave the House, in a year in which more young people have been to university in this country than ever before as a result of the far-sighted policies that he championed in the House.
(9 years, 10 months ago)
Commons ChamberTempting though that invitation is, I am not sure I will be hearing the hon. Gentleman speak, although I enjoy his contributions in this House. Manufacturing has been enjoying a stunning revival during the last few years, and it is supported by the investments made through the local growth fund and the regional growth fund. Some £1.1 billion of funding has been put into manufacturing. Is there further to go? Of course, but this Government’s strategy is clear: by reviving the sectors in which we have strengths that are famous around the world, we can build the prosperity that will provide the security for our country for many years to come.
Will the Minister confirm that when we talk about “tech” we mean not just the software, but the hardware as well, and that there are enormous prospects for British manufacturing, especially supported through the RGF, to be world leaders in the high-tech industries of the future?
My right hon. Friend is absolutely right. He and I had the privilege to be at the Royal Society last night, where awards were presented for some of the key figures who are translating some of our most brilliant ideas into practice, especially in advanced manufacturing. Across all the sectors there is confidence that the prospects for this country are better than ever. That is a tribute in large part to the work that my right hon. Friend did in office.
(9 years, 11 months ago)
Commons ChamberAs the hon. Lady knows, probably the most respected expert in the world on this subject, the OECD, has been clear that “the UK higher education system is excellent for individuals and for the Government” and offers the “most sustainable” system in the world. The system is in robust good health and works well. It offers good value for the taxpayer and students.
Will the universities Minister confirm that overseas students will continue to receive a warm welcome in this country, and will he assure me that we will not expect them to leave the country after they graduate and apply for a post-study work visa from abroad?
That is not the Government’s policy and I do not agree with the suggestion. I take great pride in the fact that the brightest and best people in the world want to come and study at our excellent universities. It is great news that we heard just before Christmas that we have record numbers of overseas students applying for admission to university in this country next year. When they come here, they will receive the most cordial of welcomes.
(10 years, 1 month ago)
Commons ChamberI do not agree with that report. Our system of student finance is in rude health. The OECD reviewed higher education systems throughout the world, and concluded that the
“UK is…one of the few”
countries
“that has figured out a sustainable approach to higher education finance”
and that
“that investment…pays off for individuals and tax payers.”
This year more students are going to university than ever before, and that would not have been possible without the reforms that we introduced.
Does my hon. Friend agree that the resource accounting and budgeting charge is not a fixed cost, a cost that is being incurred today or public expenditure, but, essentially, a highly speculative forecast of what income tax receipts might be up to 2050? He is right: we have a system that is in rude health, with more people applying to universities, more funds for universities, and more applications from low-income families.
My right hon. Friend is absolutely right. We take a very cautious view of the RAB charge. The OECD is amazed that we take such a conservative view. For example, we take no account of the fiscal benefit that results from people paying more taxes because they earn more as a result of having a degree. The average salary of a non-graduate is £21,000, but the average salary of a graduate is £33,000. The graduate’s salary means extra tax for the Treasury, but that is not taken into account. We are expanding student numbers, and we have a record number of students with the most disadvantaged backgrounds. It is a tribute to the work done by my right hon. Friend that we are able to say that.
With the extraordinary technical achievement of the Rosetta landing last week and the announcement of crowdfunding for Lunar Mission One this week, will the Minister responsible for science take this opportunity to congratulate the British space community on its scientific excellence and its enterprise?
I will indeed do that. I had the great pleasure of visiting Stevenage earlier this week to congratulate in person many of the scientists and engineers who worked on that brilliantly successful Rosetta mission. They demonstrated the Mars Rover, which is going to be the next source of excitement.
(10 years, 3 months ago)
Commons ChamberMay I welcome the Minister to his post and congratulate him on those excellent figures for participation in university? Will he confirm, however, that many of the best access initiatives, such as bursaries and summer schools, are financed from the income from fees above £6,000 and that if fees were reduced to £6,000, those excellent initiatives, which have improved participation, would have to be closed?
My right hon. Friend is absolutely right. I pay tribute to him for the work he has done in this field, which is respected on both sides of the House and across all the institutions of higher education. One of the great pleasures of taking this office was to check my desk drawer and discover that there was no note from my predecessor with some unwelcome news. It is a very happy inheritance.
My right hon. Friend is absolutely right: the system we have in place for student finance, which he took through the House, is proving remarkably successful. We have seen record student numbers, and only this week the OECD said that the
“UK is…one of the few”
countries
“that has figured out a sustainable approach to higher education finance”
and that
“that investment…pays off for individuals and tax payers.”
He grasped the nettle and made the reforms, and those reforms are now working.
I was hoping to ask the Minister about Glasgow and to confirm that in a nationwide competition, Glasgow city won the funding to get £25 million of investment in smart city technologies. Do we not think that the best way for Glasgow to remain a smart city is for it to remain part of the United Kingdom?
My right hon. Friend is absolutely right. Not only did Glasgow win that investment, but I was delighted to sign a city deal with it during the summer that involved the establishment of a new centre for stratified medical imaging in that great city. It is one of the advantages of being part of the United Kingdom that the excellence of Scottish institutions allows them to punch above their weight in terms of population and GDP. The question that is being asked in the Scottish research community is why spoil such a huge success story.