anti-intellectualism and the potentials of students

I don't know. But when you waste a good part of your life training for a job you'll never get, that kind of sucks don't you think?

stable perhaps, but what exactly does that mean? Working in a restaurant is basically a level in Dante's inferno, and a lot of other low-end jobs that don't require "valuable skills" (such as the call centre example above) are equally stable if not more so.
Learning something useful has nothing to do with getting a good job. There is no guarantee to getting a good job in capitalism; maybe there was somewhat of a guarantee in the confucian Stalinism of ex-bloc countries, but it completely outweighed the price (we all know what the problems of Stalinism were of course).
And tbh, studying and writing about stuff may not seem like much of a useful skill to a whole bunch of people, but it is to me and it gives me pleasure. Yes there is a lot of self-important stupidity at the top, but not all of them are like that; some academics are actually intelligent people who care about what they do, and would like to share it with others who are interested, specialists or not.

No, but its kinda shit, in the same way its shit for migrants coming to somewhere and finding no work or for someone training up to be a mechanic or a plumber and having no work.
Its not qualatively worse for anyone who expects more from society, but it can have a greater effect on people and may well lead them to realise capitalism has nothing to offer them, because they tried playing by its rules and got nowhere.

Worst part is, lots of these jobs are basically now ONLY recruiting graduates.
It's not formally specified, but for example, in libraries where I worked for 3yrs, every single worker had a degree.

The job did not require one, not was it specified. But if you did not have one, you DEFO would not get the job. Apparently a lot of book shops are getting liek that too, Waterstone/Borders etc.
In theory you can get the job if you don't have a degree, becuase a trained monkey could actually do it, but in practice, you've barely a hope in hell unless you rock a degree.

Not really
The figure for attendence at university is not based on how many places there are available. thus it is currently generally quoted at 50odd% of children attending school in the Uk. So even leaving out children that attend private shools, many of whom will be the children of teachers and other better off sections of the proletariat. Your still left with a solid 40-45% of state school pupils going to university.
Most education departments want to raise this figure in the future, and its likely that in the next 20 years the figure could go up to 50-60% or even 70% in some estimates. While one should be wary of such utopian gestures, since economic and political shifts rapidly reduced the expected further expansion of higher education in the 60s, its fair to say that the capitalist class as a whole would probably benefit from more young people in further education, and probably has lost a lot of its ideological misgivings on the subject, since among other methods they can spread colleges out into smaller campuses and put in large blocks of international students, thereby pacifying potential unrest to some degree, in the same way they did with essex uni incidentally.