Not only is it more competitive to get on to Love Island than into Oxbridge, it turns out it’s more lucrative too.

Economic consultancy firm Frontier Economics have calculated that on average, contestants on Love Island earn more than £1.1million in sponsorship deals and appearance fees whereas us Oxbridge undergrads can expect a meagre £815,000 more across our lifetime than those who finish education after A-levels.

For what is essentially an eight week holiday in Spain, contestants have the opportunity to find the love of their life and potentially become a millionaire. Meanwhile I’ve spent the past two years putting on a worrying amount of weight and losing a worrying amount of hair. But at least at the end of it all I’ll have a piece of paper to tell everyone how smart I am.

The show is set to make the likes of Muggy Mike and Danni Dyer millionaires through appearances at provincial clubs and endorsement deals with teeth-whitening companies while beleaguered Oxbridge grads will have to endure the non-stop grind of the corporate world for the rest of their lives in order to afford a studio flat in Zone 5.

So next time you’re stuck in the library at 3am during your next essay crisis thinking about whether you made the right decision coming to Cambridge, the answer’s no. You’d have been much better off living in a villa in Spain with a bunch of incredibly good looking people waiting for those sweet cheques from your latest protein deal to roll in.