Higher Education and Student Finance Debate

Full Debate: Read Full Debate

Higher Education and Student Finance

Barry Sheerman Excerpts
Tuesday 12th October 2010

(14 years, 1 month ago)

Commons Chamber
Read Full debate Read Hansard Text
Vince Cable Portrait Vince Cable
- Hansard - - - Excerpts

Yes, indeed. We certainly need to be very conscious of the position of people at the bottom end of the social scale, which is why I emphasise the importance of a social mix in universities, and of course of middle earners too; this is not simply a question of the most deprived communities. Two issues affect the people about whom my hon. Friend is concerned. The first is the poverty of their own families, which is why we need to have generous support, through grant and loan provision, for maintenance. The other is the psychological impact of people being deterred by extremely high fees, which potentially some universities would charge if they were allowed unlimited permission to do so. That is why we are hesitating before accepting that recommendation and are considering carefully the very strict conditionality that would have to be attached to any movement on that score.

Barry Sheerman Portrait Mr Barry Sheerman (Huddersfield) (Lab/Co-op)
- Hansard - -

Does the Secretary of State agree that our higher education sector is one of the most successful in the world and is probably our single most successful sector, and that that is so not because of the top four or top six universities, but because of the 100-plus universities that provide a fantastic service? We had this blood on the floor when we introduced top-up fees all those years ago, but after we did it we could see that the money we raised flowed into university salaries and into research. Will he guarantee me not only that this money will flow into our universities, but that he will not cut drastically the universities’ budgets in a week’s time?

Vince Cable Portrait Vince Cable
- Hansard - - - Excerpts

I can certainly guarantee the hon. Gentleman that these sets of proposals will be welcomed by the university sector; if he reads the response of Universities UK, he will find that it welcomes them.