1. Having a degree makes it far more likely that you'll earn a high salary later in life.
2. A degree also means that your pay packet is likely to keep rising until you hit your forties.
3. Admittedly, the continued increase in the supply of graduates could change all this.
4. This is especially true if you live in London.
5. But unemployment data instead suggests that having a degree has insulated graduates from the worst of the recession.
6. That's not to say that having a degree is a passport to guaranteed riches.
7. Your choice of degree is very important when it comes to getting a job...
8. ...and even more important when it comes to your future salary.
9. Going to a top Russell Group university adds £3.63 an hour to your wage...
10. While being a male graduate means you're likely to earn around £3 an hour than your female counterparts.
11. But it also comes back to subject choice. Men dominate the degrees that lead to the best paid jobs.
12. Ultimately, all these factors combine to mean graduates dominate highly skilled jobs.
13. There have been constant fears that rising tuition fees will kill the financial case for going to university.
14. But this hasn't come to pass. Instead, more and more people keep applying to university.
So getting a degree no longer guarantees you a top job.
But it makes it much more likely that you can get a better paid job — or at least some form of employment. And at the moment that extra earning potential means it probably is still worth biting the bullet and taking on all that student debt.