On education, Cable has rejected cutting or abolishing university tuition fees. He has instead announced that he would seek to implement lifelong learning accounts which would serve as endowments to all young people to help pay for education or training at any future date, and suggested this endowment could range from £5,000 to £10,000 per head (the average university student debt in England is £50,800 upon graduation as of 2017), costing around £10 billion a year. Cable claimed the policy could be funded from reform of capital gains, inheritance, and property taxes. Also on education, he proposes to abolish the Ofsted inspectorate and reform school league tables to focus on pupil well-being rather than exam results because a “change in emphasis” is needed away from competition. He supported the February 2018 USS strikes, calling for the government to underwrite lecturers' pensions, while refusing to cross a picket line at the Cass Business School.