The Great British Education ‘Fraud’ of the Twentieth and Twenty‐First Centuries

The role played by educational credentials in British labour market recruitment changed radically during the mid‐twentieth century. Having higher or better credentials than others became a key determinant in selection for society's best‐paid jobs. The resulting race for them has had perverse effects. A large minority of graduates earn no more than non‐graduates or are in jobs for which they are ‘overeducated’. In various ways, the incentive to ‘stay ahead’ has prompted large expenditures by families to improve the qualifications a child obtains at school, while there is also now huge demand for postgraduate qualifications. Not only is there resulting social waste but also social injustice; while education was understood previously as a means of breaking down barriers to social mobility, it now has the opposite effect. This article explores the causes of these developments and outlines briefly how a new centre‐left agenda for education might be constructed.