I agree, to start a early years course these days at level three you need to have decent maths and english GCSE, and one person in setting should have a early years degree.
I have both, and have never had a decent wage for the effort put in or the vast responsibility.
For those reasons I make sure my own children never went down the early years route as a career.
There is a chronic shortage of early years students currently, and a high amount of agency workers are in day nurseries, who are not committed due to temp nature of their work, and do not improve the level of care. Mainly due to the fact they can not be left alone with the children, meaning qualified staff cant leave room, which impacts lunch breaks and later hours care in day shift.
Apart from the income, I love the job and enjoy every aspect of work, and the company of children. I have kept in contact and made friends with many parents over the years, so the plus aspects of the job are huge.
But the money aspect is not helpful and am so aware that its only that my partner makes enough money to enable me to carry on working in my chosen field. If that was not the case I would earn more working in a shop or in our area, cleaning houses. Heard recently that cleaners get paid £15 an hour in my area!