The taxes in the US are very very high. Currently the Fed/state/local govs spend almost 1 in every 3 dollars of GDP. So, if you live in an urban area where th

The taxes in the US are very very high. Currently the Fed/state/local govs spend almost 1 in every 3 dollars of GDP. So, if you live in an urban area where things are more expensive, indirectly, almost half your paycheck ends up spent by the govt. More degrees inflating the job market, isn't going to increase productivity or magically make more jobs. And since there's already an oversupply of candidates, even more candidates won't make it much better. If you want to see what more degrees does to a country, take a quick look at China. There, the glut of degree holding candidates is so great, that migratory workers get paid more than college graduates!