Abstract
The recent growth in higher education participation rates in Britain has been so sudden and so rapid that there is now intense public interest in its effects on graduate employment and salary prospects. Particular concern has been expressed about the development of certain phenomena associated with US-style ‘mass higher education‘, for example, an increase in the numbers of graduates who appear to be ‘under-utilised’ in jobs which have not traditionally been filled by degree-holders, and reports of apparent growth in variation in ‘quality’ of the graduates emerging from different kinds of degree course.
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