I agree with you but the problem being that many many employers have been sucked into the idiotic Labour policy of 'everyone should go to university' - not just the academic elite. The number of jobs that require a degree now is ridiculous - I've been turned down flat for interview because I...
I doubt it's Sussex. I went there with Miss W the other week for their open day and they are investing millions in student accomodation and have invested millions in their business school. It would be a very foolish financial officer to invest that kind of money if the Uni was struggling.