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As prospects for paid employment become even more remote even for those who have invested three years of their lives and run up enormous depts to obtain a University degree it seems Labours education policies have failed. Education, education, education said Tony Blair on assuming power in 1997. Blair promised New Labour’s education reforms would make University education with its attendant advantages more accessible to children of poor homes who were prepared to invest three years of their lives and run up crippling debts by taking on student loans. So why are graduates finding it harder than ever to get paid work?

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