Slightly over 40% of people now go to university. We envisage the absolute number of students remaining broadly flat, although we cannot be sure exactly. To ensure that the vocational route is available, we are also investing in 50,000 extra apprenticeships this year, rising to 75,000 by the end of the public expenditure period, as an alternative route into well paid work for many young people.
The Minister is a very honest man. Does he genuinely believe that the next generation of middle England will be gainers rather than losers as a result of the debt that he is loading on to them?
I hope that the experience of young people at university will improve as a result of these reforms. Under successive Governments, we have ended up with a system that has sharp incentives for research but not comparable incentives to focus on teaching. These changes will lead universities to focus much more on the quality of the academic experience and the teaching that goes on at university, and young people will be the beneficiaries of that.