Universities Minister Jo Johnson has announced that he is to implement a new 13-point grading system for degree classification.
Due to a steadily increasing number of higher grades (a 300% increase in the number of firsts awarded has been observed since 1990) the new system will look to allow employers to deferentiate between candidates to a much higher degree than the current system.
Speaking of the current system Johnson said it was "no longer capable" of effectively signalling academic achievement to employers.
For those that do come out with top honours Mr johnson said "Students across the country have just finished their exams and are looking for good graduate jobs. The class of 2015 is more career-oriented than ever before.
They rightly want hard work at university to be recognised and for their degree to be a currency that carries prestige and holds its value."
The current classification method has also come under fire recently after the Higher Education Academy discovered that just under half of our high education institutions have changed their degree algorithms to make sure that their students don't leave (on the whole) at a disadvantage, compared to graduates of other universities.