HC Deb 29 July 1997 vol 299 c128W
Mr. Malcolm Bruce

To ask the Secretary of State for Eeducation and Employment if it is his policy that all of the additional money raised by the proposed changes in higher education(a) tuition fees and (b) maintenance arrangements will be made available for the financing of higher education, in addition to planned budgets; and if he will make a statement. [11187]

Mr. Gordon Marsden

To ask the Secretary of State for Education and Employment if the additional resources raised by the proposed changes to the higher education funding system will be specifically directed to this sector. [11051]

Dr. Howells

It will take time for the Government's proposals to begin to generate additional money because the increase in the cost of loans will initially offset the yield from the introduction of fees but, as my right hon. Friend said in his statement to the House on 23 July,Official Report, columns 949–62, the Government will ensure that savings are used to improve quality, standards and opportunity for all in further and higher education.