Seema Malhotra – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Seema Malhotra on 2015-11-04.

To ask Mr Chancellor of the Exchequer, what evidential basis there is for there being a link between enabling students from low and middle income backgrounds to attend university and improving UK productivity set out in his report, Fixing the foundations: Creating a more prosperous nation, published in July 2015.

Greg Hands

The link between productivity as measured by wage returns and higher education is well established. Academic evidence shows that a woman can expect on average to earn £252,000 more over their lifetime after studying at university, net of taxes and loan repayments. For a man the equivalent figure is £168,000. This government believes that people from all backgrounds should be able to benefit from a university education. UCAS data suggests that those from disadvantaged areas are 38% more likely to apply to university now than they were in 2009.