Over half of young people from all social backgrounds aspire to go to university. We are helping them to fulfil that aspiration. The latest UCAS figures show that acceptances from England are up by 7.4 per cent. (22,764) on the same point last year and this year’s figures are the highest ever. Increasing initial participation in higher education towards 50 per cent. of those aged 18 to 30 is challenging but is an essential investment in our future prosperity. The high level skills acquired through university education help individuals and businesses to innovate and thrive. Our interim target is 42 per cent. for 2010/11 and we achieved 40 per cent. in 2006/07.