Labour leadership candidate plans to scrap our tuition fees

It’ll cost £10billion

Chasing our votes, new Labour leader frontrunner Jeremy Corbyn said he will get rid of tuition fees and will even bring back maintenance grants. 

The veteran MP for Islington North said he would fund the scrapping through raising National Insurance, increasing corporation tax or slowing the deficit reduction.

Getting down with the kids seems to be paying off, as a shock poll put Corbyn in the lead for the party’s leadership position after his announcement.

Jeremy Corbin

In his speech Jeremy said “I want to apologise on behalf of the Labour party to the last generation of students for the imposition of fees, top-up fees and the replacement of grants with loans by previous Labour governments.

“I opposed those changes at the time – as did many others – and now we have an opportunity to change course.”

Despite Corbyn’s campaign already grabbing strong support from Labour’s young members, the announcement is set to win him even more younger votes.

When throwing his hat into the ring Corbyn said he would have “a stab” at entering the contest to get an “anti-austerity” voice into the debate on Labour’s future.

The 66-year-old has regularly opposed party policies including the Iraq war, many other foreign interventions, and the backing of public ownership of British banks.

Reducing the tuition fee was first promised by Labour in February when Ed Miliband pledged to cut fees to £6K if he got elected as Prime Minister.

But it all fell apart when maintenance grants were scrapped earlier this month.

Andy Burham, Liz Kendall and Yvette Cooper are also running for the leadership position since Ed Miliband stood down after the General Election on May 8th. Labour’s will announce their new leader on 12th September.