The Educational Maintenance Allowance is a small amount of money (maximum £30 per week) paid to 16-19 years old students to allow them to stay in further education. It's means tested, and covers perhaps a week's bus tickets, lunches, or some study materials. It makes a huge difference to many students, and keeps them off the dole queue (there's no alternative work: 1 million of the 2.5 million unemployed people are in the 16-24 age range.
So obviously the junta - largely millionaires privately educated at Eton and St. Paul's before Oxford and Cambridge) - are abolishing it.
The Prime Minister must be shocked by this savage attack on the young. After all, he promised before the election that it would be safe. Promised on camera. And they wonder why people don't trust the Tories.