The theory that a degree will secure a student a high paying job is today more a myth.

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While his report is fully supportive of the move to degree-level training, it has acknowledged there is a "theory-practice gap".

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James Lovelock, who first proposed the Gaia theory, used an analogy with living organisms, all of which can, to some degree, regulate conditions within their own bodies.

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The theory was that if consumers sat there long enough and were exposed to enough ad impressions, some degree of positive behavior would ultimately ensue.

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In lesser corrections the degree of safety promised for high dividend paying stocks has been equally disappointing for those who accepted the theory.

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