Yes, being a graduate indicates a propensity and ability to learn. Fine. My main concern is that we are now looking at a potential training period of 5 - 6 years (inclusive).
Compare that with what we have had - on the job training at the same time as the academic bit. At the end of 2 - 3 years you have someone who has experience and a qualification (HNC/D) which is relevant. Or as some of us did - an apprenticeship.
It is the change to having this in conjunction with a degree that needs addressing.