It was right to do so.
As Steve Webb says:
It is not uncommon for graduates today to leave college with debts (un)comfortably in five figures. They are expected to pay off this debt, save for a deposit for a house and start putting money into a pension - something somewhere has to give.The idea that such a position is sustainable belongs to the neverland we all lived in before the credit crunch. It makes far more sense to ask people to pay for the education of the next generation through taxation.
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