Labour’s proposed tuition fees cap does not change the fact that most graduates will never earn enough to repay their loans

Seizing on the unpopularity of the government’s increase in tuition fees to £9,000 a year, Ed Miliband announced at the start of the Labour Party conference that they would cap fees at £6,000. While this may seem attractive to some, Tim Leunig argues that this reduced cap will, in reality, benefit few in the long term, and may actually harm the economy in the short term.