On one hand, I do think that graduates entering long term employment as bartenders have good reason to feel cheated. But, I'm not entirely sure how to think abo

On one hand, I do think that graduates entering long term employment as bartenders have good reason to feel cheated. But, I'm not entirely sure how to think about this on the macro level. One way is that in the 90s most bartenders were high school educated. We as a society and they spent a lot of time and money educating them to University level for no reason. Bartending demands haven't change much. Taking that further though, a generation prior most bartenders were primary educated and that worked too. If we keep rolling back to illiterate bartenders we probably hit a point where the education is actually useful. You're better off to a literate bartender, but it seems like the 0-marginal-return-on-education for a bartender line was crossed before University. If everyone is to be University educated (the trend leads here), then we'll either have no bartenders or university educated bartenders. ^Obviously, there was always a mix of education levels among bartenders. I'm talking about trends and volume.