In terms of what'll happen with 2.1s and 1sts being more and more common... Also in Psychology a 'thing' there is to put high 2.1 68%, on your CV. You see it all the time. Someone looking at the CV might think people are being pretentious arses, but it's completely standard in the subject due to the requirement of chartered psychologist doctorates requiring it. A low or mid 2.1 is seen as you are fooked. A 2.2 means you have to do an MSc and get a distinction and pray who you are talking to isn't that bothered etc. I don't know whether this is happening in other subjects. One thing I noticed going back to uni is in undergraduate master's is there is more pressure to tell someone your grade than when I was an undergrad. In the past the del boys could get away with a wink and say yeah but it's a master's mate, innit. No, no, what grade did you get? Even come across the odd engineering student telling you their pass/merit/distinction on the MSc .