This one-year investment was to train and teach more than a million 16 to 19 year olds the skills they need for well-paid jobs in the modern economy.
A quarter of the entire estate requires imminent significant repair, is inoperable or is at serious risk of breakdown. However, there is currently no dedicated fund for this.
Additional private investment has been severely limited by the poor financial health of the sector with many banks refusing to lend. This lack of targeted investment has resulted in poor and deteriorating buildings across the further education college estate.
Some colleges will need to expand to accommodate these students.
We will invest £1.8 billion to make sure the entire further education college estate to good condition.
We will match this with 21 per cent more from providers themselves. FE colleges will have to work up robust plans to make sure the money is spent wisely.
There is evidence that capital investment in FE buildings is linked to better student outcomes. Not only will it mean a safe and secure learning environment for all students but also more access to modern equipment to support the learning of engineering, robotics, healthcare and so much more. FE colleges are also essential infrastructure in the delivery of reforms that boost productivity such as apprenticeships.
Better colleges will boost recruitment into the sector and retention of existing staff and a renewed focus and long-term commitment to capital investment will enhance the other activities of colleges.
The Government will commit to producing an ambitious reform plan soon after the election, backed by this investment to improve student outcomes and boost social mobility. This will consider further structural reform of the sector, devolution and boosting recruitment and retention.
Reforming technical education so that young people develop the skills they need
From September 2020 T Levels will become one of the three main choices for students after GCSEs, suited to those who know what occupation they want to pursue, want to earn a wage and learn at the same time and are ready to enter the workforce.
These Institutes will be backed by £170 million, and offer young people a vocational alternative to universities with a focus on STEM subjects.
We are providing a further £120 million to establish eight new Institutes of Technology, so that every region in England will have an Institute in it.
Delivering record numbers of high-quality apprenticeships so every person can benefit
We created 2.4 million apprenticeships in the last Parliament – surpassing our target of 2 million apprenticeships by 2015. Since 2015 there have been almost 1.4 million apprenticeship starts.
In 2010-11 there were just 2,000 higher level apprenticeship starts – levels 4-7. In 2017-18 there were 48,000 high level starts, meaning 13 per cent of all apprenticeships are now at a foundation degree level or higher.
In 2019-20, we are spending £2.5 billion on apprenticeships, twice what was spent in 2010-11.
Improving outcomes for young people so more people can get on in life
This is the single biggest annual increase for the sector since 2010, and will go towards improving access to courses, delivering expensive subjects such an engineering and recruiting and retaining the best staff for T Levels and FE.
This investment will help build 60 new youth centres across the country, refurbish around 360 existing youth facilities, and provide over 100 mobile facilities for harder to reach areas. It will also support investment in the youth workforce.
In May 2010 there were 927,000 unemployed 16-24 year olds, now there are just 488,000, a lower number than anytime under the last Labour government.
In 2010 there were 1.1 million 16-24 year olds who were not in education, employment or training, we have reduced that a quarter, so that 281,000 fewer young people are inactive.