Higher Education Bill

Part of the debate – in the House of Commons at 3:30 pm on 27 January 2004.

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Photo of Graham Allen Graham Allen Labour, Nottingham North 3:30, 27 January 2004

Will my right hon. Friend make it clear in terms of repayment of fees that no student and no parent, rich or poor, will pay anything? Graduates will repay the fees, and do so at the rate of £5.25 a week when they are on £18,000 a year and at only £25 a week when they are on £30,000 a year. As my hon. Friend Jim Dowd said, on an interest-free loan, everybody can realise what a great deal that is.