The effect for society, however, is otherwise. When the share of college graduates rises, the availability of good jobs barely changes. The more degrees job s

The effect for society, however, is otherwise. When the share of college graduates rises, the availability of good jobs barely changes. The more degrees job seekers have, the more degrees job seekers need to keep their applications out of the garbage can. When formal education expands, students need college degrees to get the same jobs their parents got with high school degrees - and their grandparents got with even less. University != Trade School American's insistence on a University education leading to a "good job" is profoundly misguided. If we forgive college debt it shouldn't be because we're trying to provide "college for all", it's because we should be held accountable for lying to vulnerable 18 year olds. What we should be doing is encouraging, and providing funding for, professions and trades. We can start with the classical professions such as nursing, teaching, law, medicine, engineering and the natural sciences. The trades would include things such as plumbing, electrician, mechanic, welder, carpenter, heavy machinery operator, etc. I'm old enough to remember when one had the opportunity to go to a "career center" in lieu of high school and you could get an education in one of the trades and be ready to go with a job upon graduation. Now you have to pay to get the education that used to be provided for free.