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So a huge commercial racket came into being driven by greed.

Effectively the boards have been running a lucrative cartel, with the aim of raising productivity rather than knowledge and understanding.

According to the exams watchdog, Ofqual, there were 15,400 courses listed on its ‘register of regulated qualifications’ in 2009 – more than three times the total in 2000.

The seriousness of this scandal cannot be overstated, for what we are witnessing is the systematic betrayal, not only of successive generations of children, but also of universities and employers who can now have little faith in the credibility of their qualifications.

Though the examiners and markers themselves are often badly paid, those at the top have reaped huge rewards for this strategy.