Rachel Hopkins

Rachel Hopkins

Labour — Luton South and South Bedfordshire

Speaking in the House of Commons on 5 December 2024

Debate

Higher Education: Financial Sustainability

Contribution

It is a pleasure to serve under your chairship, Ms Vaz. I congratulate my hon. Friend the Member for Erewash (Adam Thompson) on securing this important debate today, and making such a comprehensive speech with some very important points, many of which have been made to me locally as the MP for Luton South and South Bedfordshire. Great universities are one of our success stories here in the UK, with rankings showing that Britain boasts more top-ranking institutions than across the entirety of the EU, and the UK having long been an attractive destination for students and academics from around the globe. The University of Bedfordshire, in my constituency, is no exception. I declare an interest both as a former employee and a former masters student. With an education heritage going back more than 100 years, first as a technical college, subsequently a college of higher education and now a university, it is an internationally recognised, award-winning institution that plays an important role in Luton and the surrounding area. It gives young people from less advantaged socio-economic backgrounds, who are often the first in their family to go to university, the opportunity to open doors through study. The university also acts as a major employer and community stakeholder in Luton, engaging with our diverse community and supporting key regeneration projects in the town. The make-up of the student population is perhaps what sets it apart from others. Around 70% of students are mature returners to education, 50% are from ethnically diverse backgrounds and more than 4,000 annually are international students. That is testament to the thriving and welcoming culture for people of all ages and backgrounds to learn. As we have heard, however, unfortunately the higher education sector is currently in crisis. Universities are facing severe financial challenges after years of neglect by the Conservatives, leaving students and taxpayers to bear the brunt. Many universities are trying to find ways to reduce their budgets to combat these challenges, but that comes at a cost—losing staff via redundancy schemes, cuts to specific departments or courses, or sadly going bust altogether. While the recent tuition fee cap increase, announced by the Education Secretary, allows breathing room for some universities—a difficult decision though it was—the University of Bedfordshire is experiencing significant issues due to changes introduced by the previous Government. The impact of the policy restricting those on student visas bringing dependants has resulted in approximately a 16% decline in applications across the country this year, and for institutions such as the University of Bedfordshire, that policy has been detrimental. Every level of leadership—from the vice-chancellor through to the student union representatives from Beds SU, including representatives of the Unison trade union—has raised that matter with me, emphasising the worry it is causing. The university has previously been held afloat by international admissions, but with ever-declining numbers that is not sustainable. I should be grateful if the Minister would confirm whether her Department has done any impact assessment to establish whether that policy change has been positive for higher education settings. Fundamentally, none of us want to see our higher education settings close their doors, and I am proud that this Labour Government are committed to fixing the foundations and delivering change for students, as well as undertaking a major package of reform to deliver value for money for taxpayers and students, ending the cycle of students being asked to pay more while getting less. The University of Bedfordshire does so much to raise the status of our town and bring investment, enterprise and employment. So, as we fix the foundations of now, it is vital that we support it to deliver the high-class, transformative education that students expect and deserve, to break down those barriers to opportunity, as it produces the future leaders of tomorrow from all backgrounds and all socioeconomic circumstances.

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