One of the great cons that Labour has perpetrated on the UK has been the drive to get huge numbers of unsuitable young people INTO university to get a worthless and dumbed down degree. The theory was that this adds value to them from a workplace point of view and means they can command a higher salary than those who choose not to go to Uni. Problem is – that such radical egalitarianism has no basis in the real world!

Tens of thousands of students graduating this year will have to join the
dole queue, according to research that paints a grim picture for the class of
2009. This year’s graduates — the first to pay full tuition fees — face a
bleak job market with a 20 per cent reduction in graduate vacancies, said High
Fliers Research, a market research company. It conducts a survey every year
involving 16,000 final-year students — one in five of the total — at the top 30
universities.

Of the 160,000 graduates seeking work this summer up to half
will not succeed, the company says. Its predictions come as other figures showed
that graduate debt has almost reached £26 billion, compared with £18 billion in
2007.