My profession offers both routes so I can speak from experience - with a degree and 2 years work experience -v- a 5 year degree apprenticeship the latter will be perceived as more valuable in the job market however the gap will start to close and within 2 or 3 more years the route taken will not matter much in terms of future employability. The decision really comes down to whether you want to work, study and earn, with the job security offered or just study, have the freedom that entails, but with no job security. It really boils down to the individual and the most basic consideration which is money or freedom?