Speaking on his LBC show, Nigel Farage questioned how quickly Corbyn-mania would decline and highlighted the misfortunes of former Liberal Democrat leader Nick Clegg.

He said: “Today Angela Rayner, who is the shadow education secretary, said there are no plans to write off existing loans and that her party had never promised to do so.

“People, youngsters, in nightclubs, chanting on the dance floor.

“This mania that had swept the young. That he was going to reduce all existing student debt and suddenly we’re told ‘well actually folks, sorry, but that wasn’t really true’.

“Well, do you know what, it was the issue of student debt, that did for Nick Clegg.”

Mr Corbyn made the apparent promise to young voters in an interview with the NME, in June. However, he has since backtracked on his promise about clearing the £76billion owed by English and EU students studying in England during a BBC appearance.

Mr Corbyn told the NME: “First of all, we want to get rid of student fees altogether.

“We’ll do it as soon as we get in, and we’ll introduce legislation to ensure that any student going from the 2017-18 academic year will not pay fees.

“They will pay them, but we’ll rebate them when we’ve got the legislation through – that’s fundamentally the principle behind it.”

Mr Corbyn added: “I don’t see why those that had the historical misfortune to be at university during the £9,000 period should be burdened excessively compared to those that went before or those that come after. I will deal with it.”