Ministers say "bold reforms" for post-16 students will end snobbery and prepare students for work.
Politicians call for more to be done to improve lifelong learning opportunities locally.
The combined authority has pledged to work with colleges and firms to make more placements available.
More than half of those who completed a course last year say they have found new employment.
The £61m City Learning Quarter campus has been completed in time for its 4 November opening.
The DfE has announced it will raise tuition fees every year, and will bring in new V-levels after GCSEs.
The island's education director says the government will watch developments from Westminster.
The education minister says V-levels could be offered if they are right for islanders.
T-levels are equivalent to three A-levels, and focus on practical rather than academic subjects.
