You guys might be right, even though it's supply and demand that will decide eventually..but yes the point is absolutely correct.
The simple fact is don't forget most of the pay we get, especially as captains, relates to CRIMINAL responsibility you are accountable for in case anything happens, one instance in a 40 years career is enough. So while I agree completely that this is the way we are going, I see little point in comparing ourselves to Cambridge university graduates, because even though they are way smarter that the average pilot, I haven't seen a literature graduate imprisoned for a mistake on the job yet.