We only ever get graduates applying to work for us, even for routine admin jobs. Of course, once they start, they start trying to change the job and want to be a policywonk. Top management are usually piss weak and allow this to happen, so that they are happy, with the result that no-one does the filing, the photocopying or the washing up. Ask them to do this stuff (which is what they were hired to do) and you get I Didn't Get My First Class Honours Degree From A Russell Group University To Do The Photocopying. To which the obvious response is "Which bit of "admin assistant" did you not understand?"
We had one charmer who didn't make the shortlist for interview, who emailed us and said "Hello? I don't appear to have been invited for interview? Which bit of Double First From Cambridge did you not understand?" 
And another one who said "I don't want Mrs Schadenfreude to line manage me. I have a first class honours degree and an MA. She didn't even go to university, so I don't think there is anything she can usefully teach me."
We had one come to work for us who had a degree in French from a RG uni - she couldn't understand French, never mind open her mouth and speak it. When I queried this, and asked her about her year in France, she told me that she had only hung out with the Brits and hadn't bothered with speaking French.
Anyway, I agree, the standard of applications is generally shocking - CVs full of typos, spelling and grammar mistakes in the covering letter, and often an unpleasant sense of entitlement. But we have had more than our fair share of people who are truly outstanding, although they tend to move on to better stuff fairly rapidly.