A significant proportion of graduates fail to gain much advantage from going to university …

„In all countries a significant proportion of graduates fail to gain much advantage from going to university. As HE (Anm.: HE = Higher Education) has expanded faster than the jobs on offer have improved in quality, they find themselves in a game of positional competition, needing to have degrees simply to get the sorts of jobs that their nongraduate parents had.“
Univ.-Prof. Dr. Hugh Lauder u. a., Higher education and the labour market: an introduction (2020), S. 4.