While there is evidence graduates being underemployed is getting worse, this isn't new.
There are many people who graduated decades back when it was grants who still ended up in work that didn't require a degree.
There are many people who graduated back when it was 3k a year who still ended up in work that didn't require a degree.
Not all of the UK charges tuition fees still so would have less debt, there are those who graduated from degree apprenticeships or cadetships where their fees are paid for and they get paid to do it by employers, and those who get their postgraduate degrees paid for, all can end up in work that doesn't require a degree.
So I just don't understand why take £100k of student loan debt out of general interest alone. - it's quite possible the mother working at LIDLs and/or some of the others didn't get into that debt and even if they did, there is no reason to think they got into that debt to go into work not related to their degree.
Student loans are only paid back if you're earning above the threshold for the Plan you're on - that's part of how young people are encouraged into it - they get told to take the risk with that debt, to treat it like a graduate tax instead of a debt, because if the promise of doing well at uni fails to get them a high paying job, well, they can ignore it and the public subsides it like many other things. Of all the things taxes subsidise, higher education is not on my radar to be annoyed about.
I work in an area that still technically only requires GCSEs. I don't know anyone who hasn't worked in it for over 30 years that doesn't have at least a degree. The most recent one on my team has a Masters in Law, proudly walks around with her alumni gear (and has been the slowest person to train, but that's another topic...), she won out over agency staff who'd been actually doing the job because she knew how to interview.
We're in a culture that no longer considers completing a secondary education to a Level 3 qualification as a 'full education' - with these and many other factors, it's no surprise there are many with degrees in jobs that don't technically require them. Yes this impacts the job market for everyone, it's hard for young people and anyone who wants to shift careers when qualifications are treated as the most essential in areas that until recently didn't have them or when they change drastically. I know quite a few who laugh bitterly at the recent Early Years adverts when there are qualifications that if you got them in one year count as Early Years qualifications and in the next year no longer do & the whole get qualified by experience is no where to be seen in many parts of the country.
It is frustrating, but even with young adult kids impacted by this, going through dozens of applications and interviews, I don't think raging on it helps them or anyone.
That’s why they don’t check it! It’s useless info. I think it should follow grads through 20 years or more.
They can only 'follow grads' if the grads are happy to do so and keep their contact details up to date.