Education Bill

My name is also on Amendment 146 and I very much support what my noble friend has said. I shall add one or two other arguments to the powerful arguments that he has already made. My noble friend said that losing some of our good students to go abroad for their studies might be a good thing. Yes, it would be good for a few. International education, whether at undergraduate or graduate level, is a well established tradition among the brighter and best students, and that is a good thing. But it is a very foolish country that stands aside and watches a very large number of its brightest and best students being lost, particularly since those who go to the United States tend to stay. There are good statistics showing this. We lose some of our best talent if we allow them to go and finish their undergraduate and postgraduate study there and then be snapped up by American companies. The other argument that has always seemed to me quite powerful is that we have and recognise in this country, without much debate, that we have private schools as well as state schools. We know perfectly well the way in which private school fees have been accelerating in recent years. Many parents are now paying £12,000 or £13,000 per year for day schools, if they are lucky—some more than that—and, for boarding schools, at least double that. It has always seemed very strange that those same parents whose children go on to higher education are suddenly released from what many of us see as the burden of school fees to a very much reduced sum of money. I have many times dwelt with friends on one anecdote from my time as head of a Cambridge college. One of my fresher students came bouncing up to me in the first week of term and said, ““Oh, come and look at what my daddy has given me as a present for coming up to university””. It was a brand new BMW 7 Series, which would have accounted for at least three years of fees at £9,000 a year plus, or her maintenance. I thought, yes, Daddy is celebrating because he does not have to pay your very high school fees any longer. I am sure that my college and university could have done with that money and made good use of it. It seems quite extraordinary that we do not allow parents—who could very well afford to continue to pay the fees—simply to opt their children out of the entire loans company system and, therefore, to have their children treated like overseas students, where the university can set their fees and they are outwith the quota for those eligible for loans. Putting these very bright students off-quota and giving them the encouragement and opportunity to go to our best universities would be to their benefit and hugely to the benefit of the country. Therefore, I wholly hope that the Government will seriously consider this possibility of having private students who would be off-quota but who of course would have exactly the same entry requirements as those who are eligible for loans. As my noble friend says, we do not expect an answer today. This is not a backdoor route for people to buy their way into higher education. Their access arrangements and entry requirements would have to be exactly the same. But it would enable us to keep some of those very bright young people here in British universities.