In the comprehensive spending review, we were able to secure a very good settlement for science and research, protected with a ring fence. The combination of that ring-fenced support and these reforms offers a very good, strong prospect for our universities.
Will the Minister stop referring to his policy as progressive and fair, because it is no such thing? What assurance can he give me that the university of Derby, which is one of the institutions that could be adversely affected by his proposals, will still be in business in 10 years’ time?
Our proposals are progressive, because they help to encourage people from poorer backgrounds to go to university, because of the higher education maintenance grant, and because of the higher repayment threshold. That crucial commitment to taking progressive measures is one of the reasons we commend these proposals to the House.