Lack of graduate employment is, in the majority of cases, the fault of the graduate in failing to choose a course that they can do well in, that the career path has a shortage of those employees and the job is economically beneficial.
I feel no shame in saying that those who study Arts, Law, Journalism, Psychology, Marketing etc. simply are negligent in planning their future and the state should not support them because they are voluntarily plunging themselves into poverty. Some of these courses are so over-inflated with graduates (Law, Psychology) to a labour demand that simply isn't there and won't be for the next 30 - 40 years. Or other degrees such as arts (liberal arts, fine arts, music etc.) are completely useless to most employers and those who will take you would take you on without a degree anyway. You might as well do pottery for 9 000 a year because the end result is the same.
People who do a degree because they like it (it is their hobby) should simply not complain about employability. If you want employability study something worthwhile to the economy/society rather than worthwhile to your entertainment. Too many people have been sold the lie "choose what you have most fun doing."