I wouldn't be surprised if the system operated in the system's best interest, and not the student's. I only have anecdotal evidence, but from my own experience, the whole system was designed to keep you in the system for as long as possible.

This may have been exacerbated by stupid government targets to get, say, at least 50% of all pupils into university. And in at least some of those cases, you're only going because you're brainwashed into it.