§ 49. Mr. Carrasked the Chancellor of the Exchequer whether, in view of the currency restrictions which prevent British students studying at American and Canadian universities, he will consider the possibility of arranging an exchange scheme for university students with these countries.
§ Sir S. CrippsCurrency is provided for British students to take full-time courses at American and Canadian universities where an overseas course is essential to the student's career and where a comparable course is not available except in a hard currency country. Whilst it would not be appropriate for either the Ministry of Education or the Treasury to set up machinery for the purpose of arranging exchanges of university students with these countries, favourable consideration will be given to any bona fide schemes which may be submitted to the Treasury or the Bank of England by responsible educational bodies in consultation with the universities.
§ Mr. Niall MacphersonWould the Chancellor of the Exchequer say who is to judge whether an overseas course is necessary to the student's career?
§ Sir S. CrippsThe person who is making the decision as to whether in that particular case foreign exchange should be made available.