This article shares the findings from a two-year longitudinal study of the employment experiences of entry-level workers in the UK film and TV industries, with particular reference to the value they attributed to their prior education -- or their perception of gaps in that education. Educational institutions were better at delivering practice-based training than career skills; many graduates lacked confidence, and soft skills proved more valuable than industry-specific craft skills, in a Bourdieusian 'hysteresis' where cultural capital from the academic field does not align with the need for social capital in the professional environment. The study identifies and explores a high prevalence of unpaid work and barriers to progression in the media sector, including exploitation, precarity, geographic location, the need for prior experience, and challenges to wellbeing. Recommendations are offered for educators in preparing students to navigate these early years and beyond.