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Shabana Mahmood MP, Labour’s Shadow Universities Minister, commenting on today’s Independent Commission on Fees report which found that university applications are 15,000 lower this year, said:
“The Tory-led Government’s decision to treble tuition fees at the same time as cutting funding for higher education is already putting thousands of people off university who otherwise would be eagerly preparing to start their courses.
“Labour would reverse the corporation tax cut for banks and use the money to help cut fees to a maximum of £6,000. That is the difference between Labour, which makes investing in skills and knowledge a priority, and a Tory-led Government that is restricting opportunity for the next generation and damaging the future of our economy.”