It's generally considered that going to university is a complete waste of time and money
Rather a sweeping statement I would say. I can see where you are coming from however but the problem is you wrap every university course up in one sentence. I would think it is still the case that if you go to one of the "proper" universities (and employers know what that means) and come out with a good degree in a subject that is of some value both academically and of use then a university education still is worthwhile. My son does want to fly, ideally for the military, and so far I have encouraged him to go down the A-level route then hopefully university to study science, mechanical engineering or something along those lines. Media studies may have its use but has become a by word for waste of time!