Student Loans

Andrew Pakes Excerpts
Wednesday 18th March 2026

(1 day, 12 hours ago)

Commons Chamber
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Georgia Gould Portrait Georgia Gould
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We are lifting the threshold, which will make a difference this year for students. We have already announced that, and we have said that we will continue to look at this matter as we look at a wide range of issues. We accept that the system created by the Conservatives is not fair.

More broadly, this Government are resetting the contract for young people across the landscape. Beyond our new deal for young people who do not go to university, we will support more young people into work and training through a £2.5 billion investment in the youth guarantee and growth and skills levy over the next three years and—this is incredibly concrete—we will support almost a million young people and deliver almost 500,000 opportunities to earn and learn.

Andrew Pakes Portrait Andrew Pakes (Peterborough) (Lab/Co-op)
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I welcome this week’s announcement of the new deal for young people beyond university. One of the challenges in a seat like Peterborough is that not enough young people get to either apprenticeships or university. Does the Minister agree that one of the challenges we face is that we spend so much time in this place and in the media debating university routes as the path to success, but we do not spend half as much time as we need to discussing apprenticeships? The youth guarantee starts to put that right.

Georgia Gould Portrait Georgia Gould
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My hon. Friend makes an incredibly important point. We need to open up access to apprenticeships. That is why the Government are making this investment, and it is why we have set that ambitious target for young people to go to university and to access apprenticeships.