Thirty years ago only 10-15% of the population went on to University, not the at least 50% that do now.
And why stop at degree courses? Why not allow people to skive out of the real world completely by publicly funding the whole population to do Masters degrees until they are old enough to...
What about those of us who did not go to Uni? Should we pay for everyone else to go? And their kids? And why raise the expectations of all young people to such a level that they will not want to take on a 'normal/lesser' career?