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Badenoch Pledges Caps on Low-Return Degrees to Fund Doubling of Apprenticeships

The plan is framed by a new fiscal rule that would channel savings toward deficit reduction alongside tax cuts.

Overview

  • Conservatives say subject-level caps would return in England, targeting courses with persistently poor graduate earnings and outcomes.
  • The party estimates about 100,000 fewer university places a year by the end of the next parliament, yielding roughly £3bn to lift the apprenticeship budget from £3bn to £6bn.
  • Party materials cite Institute for Fiscal Studies analysis that around 30% of students see no financial return and that taxpayers write off more than £7bn in student loans annually.
  • Reporting indicates subjects such as performing arts, English, design, sociology, anthropology, media and psychology are under review as potential low-performing areas.
  • Labour condemned the proposal as unreliable and pointed to past declines in apprenticeship starts, while Badenoch tied the education move to a broader ‘golden rule’ for splitting savings.