@Gateappreciation Well several people opened the doors. Firstly John Major in 1992. Although many universities had been built in the 50s and 60s, in 1992, the polys, colleges of HE, art colleges and teacher training colleges etc could become universities - and did. Nice big fat salaries and status awaited! This led to the massive expansion of degrees and just about every profession was now degree based - eg nursing, primary school teaching, midwifery etc. Students on degree courses rocketed.
Then we had the cap on student recruitment lifted, and this was Cameron govt in 2023/14. Another huge expansion and building programme which no one could have failed to notice. It became less competitive to go snd grade requirements were pretty low due to needing bums on seats.
So yes, “people” have been responsible and not just politicians , university vice chancellor’s too, as unlimited expansion brought money and status. But then the state could not afford it so tuition fees were introduced and with the Cameron expansion came the £9000 fees - tripled from the previous level. But - the degree educated working populstion has nudged up to the 50% that Tony Blair sought although it’s around 36% of school leavers going to university.
The effect has been to devalue degrees but parents still seem to think their dc are elite if they get one, even from a bottom tier university. This is why, for many, it’s not leading to the riches expected.
There’s now a big move away from some degrees because they are seen as a self indulgent luxury. The student is no better off for doing the degree. The IFS did a big study on this around 6 years ago. Medical degrees give the best return on the outlay. Which is interesting as doctors moan about pay more than anyone else, apart from some teachers, but they are nowhere near top of the value for money table if they have an education degree.
I think doing what you want for the love of it suits some but often it’s not leading to a better job in terms of pay and often these dc are very slow to think about a career. They don’t know what their English degree leads to. Hence the growth in vocational degrees and now we have way too many of them for the jobs available so they don’t get what they want either. It’s a bit of a big expensive mess really!