Student Loans

Gagan Mohindra Excerpts

Wednesday 18th March 2026 Commons Chamber

[Georgia Gould]

Opposition Members were accusing me of talking about the past, but I think I was nine years old when that was going on. I do not regret the real focus on opening up access to university, because that opened it up to disadvantaged pupils who might never have had that opportunity. Today, we recognise that we need both those routes. There has not been enough investment or focus on vocational pathways. We absolutely agree with that, and we are putting that right. It is our ambition to have a more sustainable, more specialised and more efficient sector that better aligns with the needs of the economy.

[Mr Gagan Mohindra (South West Hertfordshire) (Con)]

The Minister is being generous with her time, and I thank her on behalf of Opposition Members. Does she believe that there is an oversupply of courses in higher education? She has spoken about trying to evolve and reform the model, and the concern among Opposition Members is that there seems to be pressure on a lot of children to go to university, even though they will not get a graduate bonus associated with that. A lot of us question the financial viability of HE. What are her views on that?

[Georgia Gould]

We want young people to have a choice: to go to university, to study, to take up an apprenticeship or to earn and learn. We want that range of routes to be available and for young people to have high-quality careers education, so that they know what the opportunities are in their local communities.

We want higher education providers to go further to give their students the best course and employment outcomes, ensuring that the sector remains globally competitive. The Government are committed to ensuring that higher education is open to all who have the ability and the desire to pursue it. In the 2028-29 academic year, we will be reintroducing targeted, means-tested maintenance grants of up to £1,000 a year, increasing the cash in students’ pockets without increasing their debt. To help students from the most disadvantaged backgrounds, we are already delivering on a commitment to future-proof maintenance loans by increasing them in line with forecast inflation every academic year to try to ensure that support keeps pace with financial pressures. In the academic year 2026-27, care leavers will become automatically eligible to receive the maximum rate of maintenance loans, which will provide vital extra support for one of the most vulnerable groups in society.