I completely agree, and I think I am 'qualified' to comment.
I completed my 'A' Levels in 1991 - and went to University in 2007. It appears to me that the B and C grades I received back in the day are a lot easier to obtain by far. You should see the standard of some of the work that fellow students were getting a 2:1 for!
In relation to the standard of teaching, I practically taught myself. I received a First Class Degree but I am no genius, I have an IQ of about 100.
There is no way I would pay £9,000 a year to watch lecturers reading of the slides I could read at home, and to get 8 hours tutor support PER YEAR max!