This is the question that tens of thousands of students are asking themselves at the moment. Work for school leavers really is not there, at the moment, and it is just as bad for graduates who may even leave university with a first class honours under their belt.
The days of employment protection are long behind us now and the younger generation really do have some tough decisions to make. On the one hand, if they do stay in higher education, they definitely will acquire all of the skills and qualifications that will serve them well in the future.
Then on the other hand, they will find themselves accruing debts that run into the thousands of pounds and there is no guarantee of a role of employment at the end of all of this intense study.
Some savvy students have actually managed to find a way around this dilemma. They actually take up courses in other countries (e.g. The Netherlands), where studies are still conducted primarily in English and tuition fees are a fraction of what has to be paid here in the UK.
As the government withdraws more and more investment from the younger generation, this is an idea that more people are going to focus on, and then, if they take to the country where they end up studying, there is a massive chance that the British citizens will stay there and withdraw their much needed skills from our own economy.