(9 years, 6 months ago)
Lords ChamberI do not know on what amendment I am going to make this speech if I do not make it on this one. But I do take the point, and I am extremely grateful for the intervention.
My Lords, perhaps I may just ask noble Lords, if they would not mind, to stick to the amendment in a general sense.
My Lords, I do not think I am going into defensive mode. I reiterate the view of the OECD, which is a widely respected body, on the sustainability of higher education finance. Like the noble Earl, Lord Howe, I have forgotten the second part of the question. I remember—since the report was published, as the Chancellor set out in the Autumn Statement, we have in fact announced that postgraduate loan-based funding would be available from 2016. We have addressed some of the concerns within the report.
My Lords, will my noble friend take comfort from the fact that when Mr Blair advanced the policy of “education, education, education”, he did so after the Conservatives had raised participation in higher education to a percentage in the middle 30s after inheriting a figure of 12% from the Labour Party in 1979?
My Lords, I always take comfort in everything that my noble friend says.