(7 years ago)
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My hon. Friend makes an important point about repayments—when they start, how much is repaid and at what interest rate. To be fair, the hon. Member for North East Derbyshire raised those points as well. I am sure that the Government are trying to weigh up all the different elements, because they all affect each other and the system is clearly unfair. I am sure that when my hon. Friend gets a chance to make her own contribution, she will focus on that; I might intervene to support her points, because they are emphatic and critical to young people’s quality of life during their time at university.
The hon. Gentleman referred to the situation in Scotland. Is he aware not only that students in Scotland are not saddled with £27,000 in debt in the way that students in other parts of the UK are, but that last year, additionally, almost 3,000 students qualified for a non-repayable bursary or had their funding increased? Will he comment on that particular situation?
The hon. Gentleman makes a good point. My hon. Friend the Member for Wirral West (Margaret Greenwood) said in her intervention that all of society benefits when a highly skilled cadre of young people come through the system. They make us more productive, more energetic and more able to compete in the world market. These are difficult questions for the Minister. I am sure that he has all the answers for us, and we look forward to hearing them in due course. Yes, a contribution across the board is entirely appropriate.
The Library briefing has some interesting paragraphs on fees, as I mentioned in response to the intervention by the hon. Member for Edinburgh North and Leith (Deidre Brock). Page 13 says:
“The free fees policy in Scotland has been discussed by many commentators, most noticeably by academic Lucy Blackman Hunter, who has suggested that free fees benefit middle-class students the most. It has also been suggested that the free fees policy is unsustainable and has led to the underfunding of Scottish universities and rising debt among poorer students.”
As I mentioned, the Scottish Government have indicated that they will be holding a review. I certainly wish them every success in that. My son went to Glasgow University, although as a London-born resident he paid full tuition fees.
I appreciate the point, but that does not address the fact that many students now in university in Scotland will leave with significantly smaller debt than students in England who are currently paying £27,000, as has been mentioned, and those paying slightly less elsewhere in the United Kingdom.
The hon. Lady makes a good point. The point has also been made that many students are leaving university with debts so high that they will never pay them back. The loss to the Exchequer is transparent. It suggests that the balance is wrong and needs adjusting. I do not detract from what she said, but the Library briefing says that the Scottish Government are reviewing the situation. Maybe they will make some adjustments to indicate how they would make the balance more equitable.
In conclusion, I am grateful to the petitioners for the opportunity to make these brief comments. Debts, interest rates, unpaid loans and fee levels have been key manifesto issues in every election at least since 2001. From this debate, it is clear that that will continue.