I absolutely agree with my hon. Friend and I hope that the Minister will respond to that point when he makes his speech.
Right hon. and hon. Members may be forgiven for thinking that this issue solely affects England, but that could not be further from the truth. The proposals will have profound and far-reaching consequences for the rest of the United Kingdom. I have two universities in my constituency in Scotland and 80% cuts in higher education funding in England mean that Scottish universities stand to lose at least £400 million a year. It also has consequences for Scottish students who wish to study in England and English students who wish to study in Scotland.