At the end of the day, the point of the university has changed. If you look at when only 5% of the population went, that was about knowledge, discovery, pushing boundaries, people talked about the crème de la crème. That's not the purpose of universities now - it is about social mobility and people changing their lives. The reality is you need that bit of paper to get into better jobs with greater earning potential and influence. So we want as many people to get one as possible, at the expense of quality if necessary.

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