http://news.bbc.co.uk/2/hi/uk_news/education/10506798.stm

This is happening in UK now i wonder what is happening in Nigeria in this regard. Any hope for 'people like us'?

According to one of the respondents

James, Welwyn Garden City, England

It's bad for graduates in the UK but it's even worse for international students. It is next to impossible to find a job after spending close to £50,000 on a degree - there's always a problem with getting a job with a post study work visa. I am ashamed to say that I was fooled into coming to England to progress in life and like many other educated people I am fleeing this country for better opportunities.

I wonder what effect this will have on foreigners especially when, according to that report, about two thirds of students achieve either a first class degree or a 2:1 and an average of 69 people are now chasing each graduate job.

The effect of recession

people should always be prepared for change, an already competitive market made ultra competitive by the recession

Its now down to survival of the fittest.
Remember the Boys Scout motto. . . .