The Conservatives have promised to create 30,000 new apprentice places on top of another 10,000 university places under any new administration.
The Tories would fund the 10,000 university places by introducing an early paymenr bonus for those wanting to repay their graduate debts early.
Shadow skills minister David Willetts said: “With one in six young people not in work or education or training, it is vital that we prevent a similar crisis next year. Our plan to give graduates a discount for repaying loans ahead of schedule will give thousands more young people the opportunity to go to University, rather than staying on the dole.”
They also revealed a more ambitious scheme to build 12 new technical schools to fund 30,000 new places for apprentices - the times the number currently available.
Shadow schools minister Michael Gover said: “Our new technical schools will provide credible, high quality vocational education in each major city. We will also triple the number of Youn Apprenticeship places to 30,000 and remove the cap that stops state schools offering these places.
“This is crucial to tackling youth unemployment and recovering from the recession,” he said.