I certainly am, but I can't speak for all of them.
My main point with that last post was to break this weird mental block that keeps Chukchi Husky thinking his ******** friends are smarter than him.
In any case, there is (at least in the US) a serious problem with the proliferation of overpriced, worthless degrees. I don't know what the UK higher ed situation is like, but ours is facing a growing crisis.
Our government is indescriminate in how it hands out federal student aid. This has encouraged explosive growth in the number of private colleges, which, free of public oversight, can charge however much they want because the government will help students get grants and loans to study. Further, in order to saturate the market and get every student possible, they offer junk degrees with slick advertising. This sucks in dumbasses who can't realize that a degree in 'video game criticism' won't likely get them a job that pays 90k/yr like the college promised and will leave them with over 100k in debt.
This stresses the whole system as it sucks away loan, grant and student aid money from degree programs that produce useful graduates at low cost like nursing, etc. Plus, it has created a generation with mountains of uncancellable debt (you can't get out of student aid debt even in bankruptcy here) that amounts to over a trillion dollars.
The housing bubble was a nightmare and the looming student debt bubble could be just as bad - there is more student debt than credit card debt in the US. The president actually mentioned the whole overpriced-worthless degree thing in his state of the union this year.
So yes, I am a snob on this subject but I feel justified in being one. I have faced this issue both personally, as a student, and professionally as a college board member. It is a real mess.