Why do so few university graduates start their own businesses?

Data shows that 4.7% of recent graduates are self-employed or freelance, with only 0.6% having actually started their own business.Entrepreneurship education has been around for more than 50 years, and is vital for the future economy.At first glance, all seems to be going well: entrepreneurship activities have never been so prevalent at universities, with modules for students both on and off business courses.