As in most countries in Europe, the value of a university degree is diminishing because the vast majority of population has it. If back in the day,it used to be 10-20% tops, now in some countries it's as high as 60-80%, while at the same time competing for jobs that often don't require such education to start with.
[Edit]
I still remember how not so long time ago it wasn't uncommon to have masters as a bare minimum when hiring a secretary in my country...
[Edit] I still remember how not so long time ago it wasn't uncommon to have masters as a bare minimum when hiring a secretary in my country...