Nic Dakin MP visits North Lindsey College to discuss fair funding for colleges
Students and staff at North Lindsey College welcomed Nic Dakin MP to campus to discuss the implications of college funding for current and future students ahead of the Government’s Budget announcement in November.
The decision to leave the European Union requires an urgent focus on supporting young people and adults to meet the skills needs of businesses. Colleges support over 2 million people to improve their skills to help them get into work and earn more but the Government needs to use this Budget to increase that investment.
Fair funding for colleges would result in more people getting technical and professional education and training to help build a highly skilled workforce, boost productivity and improve social mobility.
As a member of the Association of Colleges (AoC), North Lindsey College has joined other colleges across the country to call on the Government for fair funding for colleges.
AoC is recommending that the Government increase spending on education and training to 5% of GDP - this currently stands at 4.3% of GDP but is forecast to fall at a time when student numbers are rising. This increase in funding would bring us into line with other nations in which young people receive many more hours of tuition and support than in England. Our system is unusual because funding for 16 to 18-year-olds is 22% lower than funding for 5 to 16-year-olds.
Following the visit, Nic Dakin MP said: “It’s time now to fund post-16 properly, fund it like pre-16 and put our money and our investment in the great people that I have met here today and the great people up and down the country who are 16 to 19-year-olds who deserve to be invested in, so they can achieve and we can be a Great Britain for the future as well as for now.”
David Hughes, Chief Executive of the Association of Colleges, said: “Colleges already support over 2 million people nationally, but there are more people who want to improve their skills and the investment by Government is insufficient. They are at the forefront of delivering technical and professional education and training and they can do more with the right investment. Fair funding for colleges is essential for every community and for employers who need skilled people to be successful.”
AoC has made 15 recommendations to the Chancellor of the Exchequer ahead of the Budget. Full details are available at https://www.aoc.co.uk/publications/aocs-autumn-budget-recommendations-22-september-2017.