The Institute of Fiscal Studies calculates since 2020 the financial return on a university education has fallen by around a third; due to declining graduate wages (across a range of subjects) & the tax/loan repayment system's higher costs.

There is also evidence that students with lower prior attainment (which may well map onto class background), also have seen more of a decline that those entering university with better results.

But, education is not just about jobs!

#universities
h/t FT