There is no such funding gap, we are not going too far and too fast, and there is no threat to quality.
When I voted against the rise in tuition fees, I did so because of the impact I thought it would have on some of our more vulnerable young people. I welcome much that is in the White Paper, particularly the increase in choice. However, the problem with increasing choice is that it can increase confusion. Many young people can access advice from their financially literate and educated parents, but for vulnerable children choice can result in confusion. What work will the Minister do with schools and colleges to ensure that proper support mechanisms are in place to support vulnerable young people?
This is about the importance of information, advice and guidance in our schools and colleges. Again, I pay tribute to the right hon. Member for Bermondsey and Old Southwark (Simon Hughes) for his work in examining the matter carefully. I urge Members of all parties to take every opportunity to visit schools and colleges and get past some of the misinformation, and be absolutely clear to young people that no young person or their family will have to pay up front for the opportunity of going into higher education. I regret the anxiety about the matter, but it is misplaced and all Members, whatever their political views, have a shared responsibility to tackle it.
We are in a system where there will be a continuing and very important role for the Government, through providing financial support and through the new regulatory regime that emerges as we think through the proposals from Lord Browne, and where there is a very clear cap—a threshold of £6,000, and in exceptional circumstances, up to £9,000. That is the right way of combining freedom of choice for students and the legitimate role of public policy.
I have never liked tuition fees; I did not like them when the Labour party introduced them. My concern is for people going into our public services who will most likely be just above the £21,000 threshold but will then be faced with having to pay down tens of thousands of pounds-worth of debt. What can we do to encourage the very best graduates to continue to go into our public services rather than to take the possible route of going for a dash for cash as they attempt to pay off these huge fees?
I hope that the careers advice and guidance function will be very important in this respect, because those are indeed very satisfying careers to which many young people aspire. I hope that my hon. Friend agrees that, with the new threshold of £21,000, people in the circumstances he describes will face lower monthly repayments than they do under the current system.