I hate to sound callous, but this is just an effect of more people going to college today than in decades before. Yes, obviously I want everyone to succeed in l

I hate to sound callous, but this is just an effect of more people going to college today than in decades before. Yes, obviously I want everyone to succeed in life and have a college degree and do well, but obviously this can't be the case. In decades past income disparity (since we're speaking in terms of ROI) existed partly because of the availability and accessibility of the college degree. Back when degrees were scarce, they were rewarded. Now that everyone and their dog is getting one, it doesn't mean very much. Friends of mine are graduating college and going straight back home to live with their parents. And this is happening in droves. The degree is no longer a differentiating element of their resume. Don't get me wrong, I'm glad that on a whole, are becoming more educated (let's ignore the fact that this statement has no evidence behind it, and is purely an assumption). That is a good thing. But inflation rarely goes unpunished. Disclosure: I'm a college dropout, and happily so.