How would you define a "mickey mouse" course.
Are RG universities the only ones worth going to (genuine question - I'm not being arsey!)?
Ugh, I really hate that phrasing. It's very Daily Mail. Sorry. I guess I mean courses with only tenuous links to any sort of career afterwards. The sort of courses where you'd go "what's the point in that?"
This isn't just about the course but is also about the university too. For example, an American Studies degree at a very low ranked university is, IMO, "mickey mouse". It's probably interesting but, to link to the question above, not something I think taxpayers should be funding. However, an American Studies degree at a very highly ranked university would be looked at differently by employers because of the university. It's true that employers (graduate, corporate type employers) are massively swayed by the ranking of the university.
Having said that, though, if a student has a very particular career in mind then a "mickey mouse" degree might not be problematic. So, sticking with the example, if the student really wanted a career as an academic in American Studies then the degree from the low ranked university wouldn't be as much of an issue as it would be if they were looking at a graduate position at a top investment bank.
I personally think the RG is where it's at and I'd personally discourage students from going to lower ranked universities (bottom 50 or so, unless they're specialist in a niche area where that student wants a career, are not remotely worth it). Don't get me wrong, I think those universities could offer something really useful but I don't think they can/should be judged alongside RG institutions as they're just so different. In terms of post-university employment, RGs and those in top 35-ish are the only ones really worth going to.