Amazing, be proud of your degree!
I (we?) are not having a go at you or what you've done (I cannot recall exactly - for all I know you got a 1st at Cambridge...which might still just be worth something? :JPS: ), just the steady decline in standards.
The press kick up about it every August, but I think it goes much deeper..more students means less unemployment, make them pay for it themselves means more £ in the education system, less of a tax burden & lots of £ for the banks. A few more years down the road & we (the voters) might realise the long term effect that it's having..