Nail on the head. The number of degree apprenticeships is a tiny fraction of the number of university places. The only silver lining is that the numbers are growing. It's the inevitable result of Blair's insane plan to get 50% of school/college leavers going to University!
When my son was exploring options, there were very limited local options, (i.e. within travelling distance from home). We're out in the regions, in a run down area with virtually no industry. The only big firm doing apprenticeships in his chosen field was 75 miles away - doesn't sound too bad, but it was a 2.5 hour train ride because of the crap railway network around here, and the train times meant it was impossible for him to actually get to work in time, because the first train of the day wasn't early enough. No student loans available for him to rent a flat closer.
Local firms "may" have been offering the odd apprenticeship scheme, but there was no central register/database of those who did, and all the local firms were tiny micro businesses, we had no regional/national/international firms around here at all, with it being a run down area and all decent sized firms had moved out and centralised in London years ago!
He decided on university instead. All worked out well, got a First and now working in one of the UK's biggest firms at the opposite side of the country - at least with him being on a good graduate wage, he can afford to rent a flat there. They do apprenticeships, but he'd never have been able to afford a flat on apprenticeship wages and says all the apprentices are locals living at home. So he got where he wanted in the end, but had to be via University because of the student loans to cover living costs (which were a lot cheaper in uni halls than renting his own flat!).
We need to get the "levelling up" agenda back on track so people have more options to study/train closer to home so they have more options. At the same time, really ramp up apprenticeships, both in terms of quantity and quality. Finally, open up apprenticeships to student loans, student accommodation, etc., to make it easier for people to move and work/train elsewhere closer to the jobs rather than being stuck at home in economic backwaters.