I got to study thanks to the student grants system, so it was not parental indulgence but societal indulgence. I offer my belated thanks to the taxpayers of the 1980s, for that.
Sadly, because I wasn't as smart as the others on my course (many had come in through clearing, having failed to get into med school but could still make me feel like a thickie), I never got the required grades nor that fabled high-paid job at the end of the rainbow.
There's been too much going on in the news, lately, but I am really keen on seeing some solid stats for graduates currently mouldering along in low-paid non-vocational work, too exhausted at the end of the day to get serious applications to the kind of jobs they got themselves qualified for. I suppose writing off £27k per graduate is just peanuts compared to the costs of building roads, railways, hospitals or aircraft carriers but, if there are thousands of them, accumulating year-on-year, then we need to slow down the conveyor belt, so to speak, don't we?