I think this is conventional wisdom coming from a biased source and about 10 years out of date (at least). The premium paid to college graduates has been shrink

I think this is conventional wisdom coming from a biased source and about 10 years out of date (at least). The premium paid to college graduates has been shrinking - I know that in Canada, there are huge shortages of "skilled trades" - meaning plumbers, electricians, welders, etc, and I know that friends of mine who have gone into those fields have done very well economically.