Young People: Personal Finances Debate

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Department: Department for Education

Lord Geddes

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Housing: Social Housing

Young People: Personal Finances

Lord Geddes Excerpts

Energy: Nuclear New Build Programme
Thursday 7th February 2013

(11 years, 3 months ago)

Lords Chamber
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Lord Nash Portrait Lord Nash
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It will be covered in terms of some financial fluency in maths lessons but I think it is going to be more integrated into citizenship.

Lord Geddes Portrait Lord Geddes
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My Lords—

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Lord Nash Portrait Lord Nash
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I agree entirely with the noble Lord and that is why we are enacting these proposals.

Lord Geddes Portrait Lord Geddes
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Does my noble friend agree that this is vitally important for those embarking for the first time on tertiary education—particularly the requirement to budget their expenses?

Lord Nash Portrait Lord Nash
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I agree entirely with my noble friend. Schools should provide these pupils in particular with all the information that they need, including budgeting, student loans, bursaries and any other products available.

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