Since the election there has been much angst among Liberal Democrats over the party’s position on University tuition fees.
Martin Lewis is said to be among the most trusted source on personal finance with the general public. He has recently posted a detailed review of tuition fees arguing:
The student loan isn’t a debt; if we changed its name to the more accurate ‘graduate contribution’ this myth busting guide would be less needed.
What is missing, however, from much of the debate over tuition fees has been the ongoing training needs of the 60%+ of school leavers who are unable or choose not to take a degree course.
Skill shortages are having a detrimental effect on the UK’s productivity and this needs to be addressed urgently in order to meet immediate economic and workforce challenges, including those arising from Brexit. The UK faces a particularly acute issue in the thousands of adults who lack English, maths and digital skills, creating a serious barrier to their progression in employment, training or education. This is compounded by the diminishing availability of adult education opportunities and the inequality of access to provision where it does exist. The current level of provision does not support the needs of our economy or our society. Add to this the pace of technological and demographic change and the need for a fresh new approach to adult skills and learning becomes crucially apparent.
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