News story

David Willetts comments on The Push National Debt Survey 2010

“A university degree is a very good investment in your future and it must be right that those who benefit contribute to the cost of their education…

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

“A university degree is a very good investment in your future and it must be right that those who benefit contribute to the cost of their education. Graduates on average have better employment prospects and can expect to earn at least £100,000, net of tax, more than non-graduates across their working lives.

“Graduates do not start paying back their student loans until they are in paid work and earning more than £15,000. We are committed to increasing social mobility and widening participation in higher education. Any changes to student finance will take into account the impact on student debt and the need to improve the quality of the university experience.”

Notes to editors:

  1. The Push National Student Debt Survey 2010 is available at http://www.push.co.uk/press/

  2. BIS’ online newsroom contains the latest press notices, speeches, as well as video and images for download. It also features an up to date list of BIS press office contacts. See http://www.bis.gov.uk/newsroom for more information.

Notes to Editors

Contact Information

Name BIS Press Office Job Title

Division COI Phone

Fax

Mobile

Email NDS.BIS@coi.gsi.gov.uk

Name Michael Gibbs Job Title

Division Department for Business, Innovation and Skills Phone 020 7215 1635 Fax

Mobile

Email michael.gibbs@bis.gsi.gov.uk

Published 13 August 2010