HC Deb 13 July 1972 vol 840 cc397-8W
31. Mr. William Shelton

asked the Secretary of State for Education and Science if she is satisfied with the present quinquennial system of financing university education; and if she will make a statement.

Mrs. Thatcher

The present system has long been regarded as giving the universities the great advantage of a firm basis for planning over a five-year period. If the University Grants Committee, which advises me on university finance, were to propose a change in the system, I would be ready to consider it.