With almost 600,000 people applying to university last year; a slight increase on the previous year, it would be difficult to argue that the demand for higher education is going to subside anytime soon.
The introduction of the postgrad student loan is a massive step forward for students, higher education and the UK. If we just take care to nurture other pieces of the puzzle, it can also be a massive stepping stone to widespread skills development.
Today, I have had to defer my place until September 2014 and belatedly join many of my fellow-graduates still in the search for full-time work. The reason for this last minute deferment was that, having exhausted every possible option, the deadline to pay the first installment of course fees arrived and I did not have the money.
Any government concerned about the future of the British economy needs to acknowledge the issues surrounding postgraduate education and commence building this system as speedily as possible.