(13 years, 9 months ago)
Commons ChamberNot just now; I will give way in a wee moment. I am coming back to the Scottish angle, and I am sure that the hon. Gentleman will want to intervene on that point.
The question is who benefits from a university education. Is it, as the coalition believes, only the student who benefits, which means that they should pay most, if not all, of the costs? Or does the country as a whole benefit from a well-educated work force driving our economic prosperity? That is the ideological debate we need to have in this House.
No matter where one goes in the world, unrivalled importance is attached to education. When the Business Secretary and the Prime Minister had their bonding session in China, they might perhaps have learned the Chinese proverb: “If you are planning for a year, sow rice. If you are planning for a decade, plant trees. If you are planning for a lifetime, educate.”
On investment, will my hon. Friend join me in asking the Minister why only his Government, along with the Romanian Government, are cutting university spending at a time when every other OECD country is increasing investment in its higher education system?
I absolutely agree with my hon. Friend and I hope that the Minister will respond to that point when he makes his speech.
Right hon. and hon. Members may be forgiven for thinking that this issue solely affects England, but that could not be further from the truth. The proposals will have profound and far-reaching consequences for the rest of the United Kingdom. I have two universities in my constituency in Scotland and 80% cuts in higher education funding in England mean that Scottish universities stand to lose at least £400 million a year. It also has consequences for Scottish students who wish to study in England and English students who wish to study in Scotland.