For a long time I've thought the arguments about expansion of higher education were somewhat spurious. The higher earning power of a degree depends in no small way on the laws of supply and demand. If the supply of graduates is inflated, then the earning power falls, and you don't need a degree in rocket science to work that out.
We may all be in this together, but the trouble is, some are in it more deeply than others. I read in The Independent last weekend that in all the heat over the child benefit announcement, Cameron's PR people were desperately trying to get out a message that they didn't think people who earned £44K were "rich". Well, I wouldn't call them super-rich, but I would certainly file them under relatively well-off.