Higher Education (England) Regulations

Barry Sheerman Excerpts

Wednesday 13th September 2017 Commons Chamber

[Justine Greening]

Of course my hon. Friend is absolutely right. The last Labour Government left youth unemployment 30% to 50% higher than when they came in. The ultimate opportunity destroyer in our country is a Labour Government running our economy.

I shall add a further reason why disadvantaged young people would lose out under Labour’s policy: who would pay for those people who did get to university to go to university? It would be some of those disadvantaged young people who had missed out, it would be their families, it would be pensioners—we would all be paying for the cohort of young people most likely to become higher-rate taxpayers to get a degree.

[Mr Barry Sheerman (Huddersfield) (Lab/Co-op)]

I think what most of us taking part in this debate want is the right balance. I was the Chair of the Education and Skills Select Committee when we introduced the £3,000 fees, and the balance then was between what the employers paid, what the individual who benefited paid, what the taxpayer paid and the good to the community. The problem is that the cost has been ratcheted up to £9,000 with an unacceptable level of interest. Is it not time we had some moderation and a balance that is fair to students?

[Mr Speaker]

We are grateful to the hon. Gentleman for his speech.