The qualifications issue is huge.
My story is further up the thread - short version, parents actively discouraged exams. All well and good being the parent who already has a degree and a good career, living in a 1980s housing boom. Not at all good being a working mother in a recession with no qualifications.
I'm a bright person. I've taught myself all manner of subjects, travelled and now run my own business in the film industry. But the lack of qualifications has been a serious problem for me. I recently looked into changing career from media to social work. No course would accept me as I have absolutely nothing to show in the way of GCSEs, A-Levels, degrees etc. It angers me that I could potentially have been a doctor, a journalist, an exotic animal vet or any number of things but that decision and choice was taken away from me before I even knew what options I had available to me.
Please don't live your ideals through your kids, that's all I want to say. Because you won't be the one paying the price. Not against HE at all. Just please do think of the future and prepare your kids well for the unknown.