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If they cut the lower 50% of universities (in the UK and US) then we wouldn't lose any actual talent (very few of the people coming out of them do graduate-level jobs; most of them take soft options like Media Studies or Psychology and then do nothing with it).

Then they could use the funding to decrease the costs for people who got good A-levels and are studying core subjects the economy needs like the Sciences, English, Maths, History, Medicine...

And yet they're talking about raising tuition fees to £20000 ($31000) per year (that's not including living expenses or books) for top universities. And little help for anyone who's not on unemployment benefit or whose parents are divorced.