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This is likely time biased. Future generations will not be so skewed towards those with degrees, in fact, it may revert slightly, as crushing student debt isn't
by cellis 5y ago
This is likely time biased. Future generations will not be so skewed towards those with degrees, in fact, it may revert slightly, as crushing student debt isn't rewarded for holders of worthless degrees. This should be a self correcting problem in the long term. Eventually society decides to punish those who aren't producing things it wants.
- long_time_gone 5y agoAny data that support these theories would be much appreciated. Thanks.
- nicholasnorris 5y agoI feel like the logic of this solution doesn't exactly lead to a rosy conclusion. If everyone is sorted into a narrow range of Professional and STEM degrees, wouldn't this just lead to lowering of wages for degree holders in those fields to something marginally above unskilled labor, while giving the business class that have taken ahold of most institutions a greater excuse to keep more of the profit for themselves?