Matt Western
Main Page: Matt Western (Labour - Warwick and Leamington)Department Debates - View all Matt Western's debates with the Department for Education
(1 year, 10 months ago)
Commons ChamberAs we hear, the cost of living crisis is serious for everyone, but students in particular are facing real hardship. Independent economists estimate that many students will be up to £1,500 worse off this year. Given the Government’s current focus on maths, can the Minister explain how his Government calculated an increase of just 2.8% in the maintenance loan, following 2.3% this year, when the rolling average inflation rate is running at 9.3%?
We have to be fair to students, but we have to be fair to the taxpayer as well. We recognise student hardship, which is why we increased the student premium by £15 million to £276 million. Universities have their own hardship funds, and I highlighted the £1.7 million given by Newcastle University. Universities across the country are helping disadvantaged students. Students whose family income falls below a certain level can apply to the Student Loans Company to have their loan reassessed.