What exactly is the incentive to get a degree these days?

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I know somebody with a degree who works as a cleaner at McDonald’s. Nothing wrong with that, but it wasn’t exactly what they had in mind when they were doing all that studying.

These days it’s not unusual for people who’ve been to university to have to take any job they can find when they enter the big, wide world.

And they’re the lucky ones. It was revealed this week that more than a quarter of graduates do not have a full-time job three-and-a-half years after leaving uni.

A total of 115,000 young people who graduated in 2007 either have only part-time work or are still in education.

With tuition fees rising to £9,000 a year and students facing big debts to be repaid over many years, what’s the incentive to get a degree today?