The political realist knows that you cannot hope to succeed at persuading graduates in a situation where there are too many of them that many will not have the jobs they aimed for. Therefore might as well not let them enroll and graduate from universities. This is the more practical way to ensure that they would not have unrealistic expectations and the PM doesn't want to tell you so. Opening a can of worms, too difficult to manage.
Now if you can be brutally rational then it is a huge plus to be able to bring the training you had received to obtain a degree to jobs and opportunities not otherwise regarded as graduate positions. That's is how you get innovative. The fertile places are the ones where before it attracted less well trained people to do and they could not brig their imagination and inventiveness to the tasks. Jobs that have always been accepted graduates, they are less likely to offer opportunities for doing it differently and better than those who had been ignored. To achieve greatness, consider starting small and humble.
I hope we have more political idealists with the courage to let as many people who are able go to universities and are able to persuade them to innovate in the humble spaces erstwhile ignored as ripe places for new opportunities. In this way you will create many paths to success better than what the PM is suggesting.
The trouble with this place is that once you have one or two well worn ways to success everyone fight tooth and nail to get in. We will never achieve the diversity we need and we will not be resilient as a result.
People must be given hope that there are unproven paths of success if you have the faith and determination. We can increase their chances of success with sensible college education, not just popular options, educating everyone to his or her limits rather than limiting enrollment based on forecast number of graduate positions.
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