Dr Ben Spencer

I am going to talk about hope and fairness, to which many Members across the House have referred in their speeches. It is important that everyone has hope for the future, but particularly the next generation. There are many challenges facing younger people at the moment, from youth unemployment, with the graduate jobs market unfortunately in decline, to the uncertain world we live in. The people who will inherit this world from us are concerned about conflict in the middle east, the position of our defence, and the direction in which our country and society are going. It is younger people who have borne the brunt of the decisions made during covid, and it is younger people who will have to deal with and find solutions for the changing demographics in our society, particularly the ageing population. It is important now more than ever that the next generation—the younger generation—has hope for the future, and we Conservatives have a plan to bring that back. The key to that plan is fairness. Our motion today goes to the heart of fairness. It is fair to say that the repayment system for the people paying back plan 2 loans, with the thresholds and the interest at 3% above RPI, has essentially turned into some form of Ponzi scheme. The Conservatives have a plan to start resolving that. As has been said, it would not be possible to get these loans on a commercial basis; they are fundamentally unfair, and we have a plan to go about fixing it. When we talk about education more generally, we talk about the fact that all different types of education have intrinsic value. There is no hierarchy between people who go to university or further education, people who do apprenticeships and people who go straight into work. It is about providing the right education for the individual person. Whether someone has gone to university or done an apprenticeship—whatever route they have gone down—it does not make them a better or worse person. The key is that it is the right plan for them. It is only fair that we reverse some of the historic biases against apprenticeships in particular, and that is why I am so pleased that apprenticeships and vocational training are central to the motion that we will be voting on later. Fairness means fairness both to the taxpayer and to the people taking the courses. I intervened on both the Minister and the Liberal Democrat spokesperson, the hon. Member for St Neots and Mid Cambridgeshire (Ian Sollom), to ask whether they would at least concede that there are some courses—particular courses at institutions across the country—that are really not worth it because they are not value for money and will not help the student.