Next Gen News

lose tax cuts pay for lower students, while graduates with high incomes will pay more interest on loans

The maximum price for students was reduced by one third to £ 6,000 a year, under a Labour government, Ed Miliband has announced.

policy, unveiled by the Labour leader, in an interview with the

Observer

, would be paid by the investment of tax cuts provided for banks and asking for graduates with higher incomes pay higher interest on their loans.

The measure - one of the most important political decisions Miliband in his first year as leader - is designed to attract millions of voters of students towards the Liberal Democrats in recent elections and parents concerned about the financial burden of sending their children to college.

Speaking before the annual Labour Party conference, which opens in Liverpool on Sunday amid rumors of the party's credibility on the economy, Miliband insisted the plan was "the all costs. " He said David Cameron and Nick Clegg, kill the spirit of ambition and enterprise in the next generation of "the cost of paying the shortfall in our youth."

The inauguration of the new policy comes as the brother of the Labor Party leader, David, is preparing to send a message of support to his brother, whose leadership was criticized in some quarters. Former Foreign Secretary will use a parallel meeting on Sunday, exactly one year after its traumatic defeat in the election of leadership last year, to publicly support his brother: "We must never lose our sense of outrage the government has taken dramatic play Ed with firm determination and conviction, and that's what works. "

Labour leader, who had previously favored a graduate tax over a quota system, said the reduction would result in a broad cross section of young people to college, and thus help create a more egalitarian. "We can not build a prosperous economy, if our young people leave college burdened with £ 50,000 of debt," he said. "We can not build a prosperous economy if the children of all backgrounds began to go to college."

Unlike the Lib Dem-Conservative coalition, David Miliband said he wanted to "invest in our youth through the use of talents from around the world, not to participate in reductions tax on financial services. "

Wizards

Miliband said that if there were an election now and Labor won, he would implement the policy as soon as possible. But he refused to promise that the details are arranged in three times a year and a half in the platform of a party. "That's what I do now. However, in three years and half a time", you may be able to do more, "said an official.

He said: "There is no doubt in my mind that the general election will be about how people think about the future - in terms of insecurity, the program austerity, which passes through his work, his family. We have to build trust and control in the center of economic difficulties are not identified as responsible for the deficit we face right now. "
Although Miliband, declared its determination to bite the banks to pay for a decline in enrollment rates shows that the rich wanted to be more responsible, he stressed that the obligations of the community itself must be applied to your claim. He said he supported the ideas floated recently by Liam Byrne, the shadow work and pensions secretary, who suggested that people who were "doing the right thing, get a job, pay taxes, good tenants and neighbors, and so "could be placed at the head of the queue for social housing.