To be clearer, the issue is the hollowing out of the job ecosystem in America. Economic value now comes from fewer roles, which require specific skill sets to

To be clearer, the issue is the hollowing out of the job ecosystem in America. Economic value now comes from fewer roles, which require specific skill sets to perform. With more lopsided reward structures (few people corner most of the gains), there is increasing pressure for people to move into the few places where rewards collect. This ties into the issues like " History majors can't get a job that will help them hold down a house or family". The societal cost of it is that society becomes a monoculture of a few degrees and sources of information. The greater advantages of a modern first world society in terms of societal achievement, art, culture and so on weaken.