Budget Resolutions

Debate between Suella Braverman and Jonathan Davies

Tuesday 3rd November 2026 Commons Chamber

[Suella Braverman]

The right hon. Gentleman is absolutely right. That is exactly the point that I am about to make.

How did we get to this youth unemployment crisis? For the past 30 years, starting with Tony Blair, we have sold one promise to young people: that they need to get a degree, regardless of what it is or where it is from, and they will be set up for life. However, for so many young people today, that has been exposed as a lie. We have 700,000 graduates currently unemployed, some 400,000 of whom are claiming welfare. Average graduate debt stands at £50,000, average graduate salaries are falling, and graduate hiring is disappearing.

For many of those young people, it is not so much that they have taken out a student loan; they have been saddled with a life sentence. It is no wonder they cannot start saving, buy a house, get married or think of starting a family. They are being crippled by the system, and this Budget does nothing to support them.

[Jonathan Davies (Mid Derbyshire) (Lab)]

One aspect of the Budget that will make a huge difference to young people in my area is the £2.5 billion investment in a partnership with Rolls-Royce. That is great for civil and military aviation and will be used to create a lot of jobs for young people in my constituency. Does the right hon. and learned Lady welcome that measure, or would she rather we had not done it?

[Suella Braverman]

I am afraid that is just a drop in the ocean compared with the enormity of the challenge we face. I will come on to skills and apprenticeships in one minute, but I will dwell on how we got to this great university scam, as I call it.

We have some of the best universities in the country, and I will always defend them, but our universities are failing many of our young people and offering awful value for money. Some of the courses are not worth the paper they are written on. Is it really right that vice-chancellors are earning huge salaries but offering awful job prospects? Do some of them really deserve their £200,000 or £300,000 salaries when their institutions are offering job prospects for only 40% of their graduates? No. Do we really need courses in politics, sexuality and gender, with a vice-chancellor on more than £200,000? No. That is all while we have gaps in our NHS, construction and hospitality. That is why a Reform Government would deal with this issue. We would reduce the student loan budget by 20% and invest the billions saved into helping our country. We would train up British doctors and nurses and scrap the arbitrary cap on medical training places.

Let me say a word about immigration, because it has been a big factor. Many universities have got fat on foreign students. I am afraid that I have to say it: the last Conservative Government opened the floodgates to international students. It is something that I started to reverse when I was Home Secretary. As a result, universities have been selling immigration, not education. As a consequence—as I said earlier—for every young Brit who is employed in this country, 27 young foreign workers are also employed.