Oral Answers to Questions

Simon Hughes Excerpts
Thursday 31st March 2011

(13 years, 1 month ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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As the hon. Lady knows, and as we have discussed many times in this Chamber, the introduction of graduate contributions at the level we have will ensure that universities are indeed properly funded and maintain funding at world-class levels.

Simon Hughes Portrait Simon Hughes (Bermondsey and Old Southwark) (LD)
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Is my right hon. Friend still reminding universities that it is unreasonable of them to charge fees significantly above the cost of providing the course and asking them to make sure that when they set their final fees in the coming weeks, they honour the cost that they said they would charge some months ago?

Vince Cable Portrait Vince Cable
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May I first thank my right hon. Friend for the extraordinarily useful work that he has been doing on social mobility? On his question, the Browne report estimated that universities would need to charge something in the order of £7,500 simply to replace their income, but no more, and that if they made the kind of efficiencies that other institutions are effecting, it could be as little as £6,000.