NEW graduates have been told that their degree certificate is only valuable in a figurative sense.
To prevent any misunderstandings, universities have clarified that their honours have no direct relationship to the real world and cannot be traded in for jobs, internships or groceries.
University vice principal Denys Finch-Hatton said: “A degree is hugely important to any young man or woman because they get to wear some robes and have their name read out from a list.
“But it saddens that graduates believe their degree certificates will gain them respect outside the academic world or can be exchanged for multipacks of Cup-a-Soup.
“That’s why we print on the bottom in small print that it has a cash value of 0.01p.”
Graduate Tom Logan said: “My degree in broadcast journalism from the University of Lincoln means everything to me, but I have to admit that I’d swap it for a decent job, or any kind of job.
“I’d actually swap it for baked beans on toast.”