Today Robert Halfon, chairman of the Education Select Committee, is expected to make a speech suggesting that the majority of graduates will receive a 'paltry return' for both the time (and more importantly) the money they invest in gaining an academic degree.
Halfon's comments have been made amidst the news that university applications have dropped annually for the last two years, this year being the lowest year for applications since 2014.
And is it really any surprise? With fees costing around £9,250 per year (dependent on institution) and living costs for a student estimated at around £10,000 per year (dependent on lifestyle) for your average 3 year degree course, we are talking a staggering £57,750 spent on gaining a degree. And how many of us can genuinely say that without our degree we absolutely could not have the job we have today?
University leaders have continued to stress that academic degrees are relevant and represent a good investment. There are, of course, some professions where a degree is essential criteria for entry. Teachers and doctors for instance. If you have your eye on a career in either of those sectors - sorry, but you're going to have to bite the bullet and start saving.
Halfon is expected to argue that we have become 'obsessed with full academic degrees in this country' and calls for degree apprenticeships that blend technical and academic studies, alongside offerings of online and part-time courses to be delivered.
This feels like a much more realistic approach to today's job market - because essentially, that should be what university is about - equipping yourself with the skills and knowledge to become an asset to a business. If universities make no effort to listen to what the jobs market is calling for, then they may find themselves in danger of becoming an outdated institution.
With the revelation that between a fifth and a third of graduates actually end up with non graduate jobs, it really is worth taking a step back and considering just how essential a degree, in it's current state, will be in getting your start in the working world.