Higher Education Reform Debate

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Department: Department for Education

Higher Education Reform

Steve Baker Excerpts
Thursday 24th February 2022

(2 years, 4 months ago)

Commons Chamber
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Nadhim Zahawi Portrait Nadhim Zahawi
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I think I can say that, on this topic, the hon. Gentleman is the voice of reason on the Labour Benches. As he said, I have worked with him, and I know that he has been a great supporter of some of these thinking on this in his work with a think-tank. We are consulting with an open mind to bring people together across parties, and I make that offer to my opposite number as well. Let us try to take the yah-boo politics out of this and get it right, because it is a big moment when we are able to truly integrate FE and HE. And I do not hold it against the hon. Gentleman that he educated you, Mr Deputy Speaker.

Steve Baker Portrait Mr Steve Baker (Wycombe) (Con)
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I welcome this announcement, and I understand that Buckinghamshire New University does as well. I welcome the interest rate reduction, but may I ask whether the lowering of the threshold for people to start paying will apply retrospectively to those who have long since graduated? Buckinghamshire New University has advised me that the freezing of the tuition fee cap means, overall, a real-terms reduction in funding compared to the 2012 level. Will my right hon. Friend consider additional ways in which universities can earn income, such as expanding the number of international students who can come here?

Nadhim Zahawi Portrait Nadhim Zahawi
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I am grateful to my hon. Friend for his support for these proposals. I can confirm that the lowering of the threshold will not be retrospective. The £900 million will of course make a difference to the HE sector, and that has been welcomed across the sector. We are very ambitious in our targets for international students. We set a target of 600,000 by 2030, and we have just smashed it: we have reached a total of 605,000, and I hope we can continue to beat that target in years to come.