It will come to no surprise to anyone that I wholeheartedly believe in the power of education. So when our manifesto was released last week, I was delighted to see such a keen focus on policies to support our wonderful yet undervalued FE colleges. For far too long our colleges have been underfunded and unsupported and the Lib Dem manifesto seeks to change this alongside highlighting the importance of lifelong learning.
In the manifesto, we pledge to review of further education funding, including the option of exempting colleges from VAT. FE funding compares extremely unfavourably with both university and school funding, with the Institute for Fiscal Studies highlighting that FE and skills saw the largest spending cuts across all areas of education since 2010, with college spending per student approximately 10% lower than 2010-2011 levels and adult skills spending 23% below 2009-2010 levels. Colleges also pay VAT, unlike schools and academies, and approximately £200 million could be reinvested back into the skills system and make a key difference in colleges ability to equip young people with the skills they need to succeed.
We also pledge to create new “Lifelong Skills Grants” which will give all adults £5000 to spend on education and training throughout their lives, with the aim to increase this to £10,000 in the future when public finances allow. This offers a clear differentiation from existing and promised government commitments through their Lifelong Learning Entitlement, because it is a grant, rather than a loan. We understand that for any adult deciding whether to make the plunge into learning that there is a myriad of considerations, the time to complete their studies, and the costs if they have to give up some hours at work. Additionally, most adults with families and financial responsibilities are loathe to take on more debt, even if it will lead to a better job with better pay. These grants will give adults an investment into their futures, that will lead to better success and growth for the nation.
Follow @libdemvoice.org on Bluesky
Like us on Facebook
Subscribe to our feed
Sign-up for our daily email digest
Should Labour reconsider the Brexit red lines?
Raising a flap about letterboxes
Arriving at one of East Finchley's ghost platforms
Restrained
Chase Park fair photos
Peter Davies 
Nigel Jones 