Every year, exam results day brings a combination of celebration and anxiety.

Listen to this article

As university places get confirmed, many young people will be looking forward to setting out on an exciting new journey, with a whole range of new experiences ahead of them and pathways into rewarding employment opportunities.

But for many, the next steps might feel less certain. Headlines about student loans, debt and a difficult job market haven’t necessarily been helpful to students trying to make choices about their future, particularly those from disadvantaged backgrounds who face more barriers to their ambitions.

We cannot deny that today's students are entering a challenging economic, technological and political environment. They face rising living costs and a labour market being reshaped by rapid advances in technology. It’s understandable that students, parents and politicians are asking whether university is still a worthwhile investment. We don’t underestimate what a big decision it is to enrol at a Russell Group university – indeed, any university – so it is right that careful thought should be given to ensure the right choice.

With the spotlight on earnings, value and the shifting job market, we need to be careful not to discourage young people from the outstanding opportunities available at high-quality UK........

© LBC