Barry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)Department Debates - View all Barry Sheerman's debates with the Department for Education
(6 years, 2 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Damian Hinds
The interest rate, to which I think my right hon. Friend is referring, is currently 6.1%, but it varies with inflation. Critically, it means that those who earn more in their 20s and 30s will pay more—[Interruption.] It applies throughout the study period, as the hon. Member for Wythenshawe and Sale East (Mike Kane) should know. Thereafter, the rate varies depending on earnings. It does serve an important purpose, but it cannot be considered in isolation from all the other aspects of the system.
Mr Barry Sheerman (Huddersfield) (Lab/Co-op)
I welcome the Secretary of State to his post, but will he take this matter seriously? Something is deeply wrong with higher education funding. Much has been achieved, but much needs to be reviewed. Will he concentrate on skills in our country? We are not producing the right skills or giving incentives to further education colleges and private trainers—all those who are struggling at the moment.
Damian Hinds
Much achieved, but things to look at again—I could not agree more with the hon. Gentleman, because that is precisely what we are doing. As for skills, some of the ones that we are looking for are being delivered extremely well, but we need to do more. That is why we have had the big expansion in apprenticeships, the Institute for Apprenticeships, the raising of standards and, of course, the introduction of the T-levels, which he will welcome.