PGT - not a euphemism for a brand of beverage, but symptomatic of what many graduates are undergoing now that they have the piece of paper they have worked so hard for three years for (and no, I'm not being sarcastic), placed themselves in a trailer load of debt for and now find that, in too many cases, it all means squat diddly in the workplace and they are now ekeing out their existence between applying for jobs and staring at a minus figure bank balance.
When you think of NEETS (that wonderful term for those aged 16-24 not in education, employment or training) it generally conjures up images of the large number of young people who have left school with virtually no qualifications and no hope - some of whom also have a family history of long term unemployment . However, their ranks are being swelled by well-educated young people leaving university who are also finding a Britain with no jobs depressing. Hardly what they worked for or what educationalists and government has been promising them throughout their school careers.
In many ways they are worse off than other NEETS (not a term I like, but convenient) as they are also drag around a large debt in their wake and wonder - and who can blame them - if it was all worth it? Well, yes and no.
Certainly, as a lecturer in higher education, I would say that all education is good, but I am appalled by the number of courses put on by institutions in order to gain more students to swell their coffers and , equally, the number of institutions who have started offering degrees as they see them as a lucrative business. Whether the subjects and contents of those they offer are what work place requires seems to matter little (how useful is Golf Science or the mastery of Klingon?) - yet still they are able to recruit and take large sums of money, in the main to finance post graduate research, senior management teams and other staff .
Higher education is finally being shown as existing primarily as an employer of academics and business analysts than bastions of knowledge and students and this is core of the problem.In short , all young people should be encouraged to achieve the best of their abilities, but we must agree that not all can (and should) make it to university - and those that do must only be offered courses that have real educational and potential worth (and yes, I would include Classics, English, Arts etc in this). Those who cannot, must be offered alternatives - good quality apprenticeships with vocational or industry qualifications at the end which companies have to accept over and above those without (at present companies take graduates even though many of them do not possess the skills necessary) as they do in countries such as Germany. Government and banks have to ensure that industry and commerce is encouraged in areas of the country where the level of NEETS is highest with real and not promised financial assistance.
Lastly, HE institutions need to be limited to a much smaller percentage of foreign students. This will, of course, reduce the number of courses (and staff) they can afford to run - but it will also hopefully stop the spiralling rise of dubious degree courses and also force other institutions to concentrate on vocational courses for others instead of becoming "University Colleges". It will also stem the tide of foreign students who never quite make it home after university and melt into the population.
Maybe then, not only will those who graduate stand a better chance of employment, but we will also not be failing all the other young people who so desperately wish to find job satisfaction and self esteem by being accepted as major contributors to the nation - as equals to graduates and not as a generation of also-rans and failures.