This attitude bothers me a bit. Firstly, my DS isn't working class, so you are sort of implying he is OK to go and 'fritter' away money
No, not at all but tuition fees are much more daunting and problematic for poorer students. It doesn't mean that middle class students should just fritter away money at all but what I mean is that the financial impact is bigger when there isn't as much "family money" (I don't mean thousands squirreled away in properties!). For families that don't own any property, with zero savings, with parents on zero-hours job, £9000 tuition fees is an enormous risk compared with families that own a house, with parents with stable jobs etc
Secondly, you are suggesting the poor are and should be debt averse : which is a problem in itself and whitehr risk taking and entrepeneurship!
No, I'm not at all. I'm talking about calculated risks. It's subjective. For me (as someone from a very poor background), going to a non-RG university wasn't worth the risk and the debt. For others it will be. It's a subjective decision. The fact is employers think better of "top" universities- there's another debate to be had about whether that's right but that's how things are ATM.
Thirdly, if the second thing is the case, we run the risks of universities becoming once more the preserve of the middle classes : the less well off being told that - unless they are super bright - university is not the right choice.
I agree but we kind of already have that system. Because so many young people have degrees, a degree in itself isn't particularly worth much so people with PG degrees or degrees from top universities become more attractive to employers. And most people at top universities and entering PG education are middle class. I do think universities should only be for the brightest kids (with adjustments made for context) but we'd also need to see a increased value attached to more vocational education so it wasn't seen as a "cop out" or "second rate". I'm not sure how you do this!
Students may end up a bit less well paid ultimately than those from the very top university: but having a degree, whtehr from Lincoln or Leeds or Luton (now called Bedfordshire but doesn't alliterate) increases your long term prospects and pay more than not having one at all...
You could've said Liverpool John Moores which does alliterate! I agree but it goes back to my point above about calculated risk and chance. There will be some students for whom doing a degree makes no difference to their lifetime earnings and it's much more likely that these students will have their degrees from worse performing universities.
I remain unsure what you (and others on MN) enviasge someone with , say, CCC should do upon leaving school?
In an ideal world, I would say that students with the profile would get into the workplace, earn some money, get cracking on a career then maybe go to university later on when there's a bit of experience behind them. Unfortunately too many entry-level jobs now require a degree (which is what I mean above about a degree not being particularly valuable nowadays because everyone has one and they're a requirement for low-skill jobs).