>And they have to work somewhere. No they don’t. Plenty of professions generate way too many graduates. Law is a good example—probably 2-3x as many graduates t

>And they have to work somewhere. No they don’t. Plenty of professions generate way too many graduates. Law is a good example—probably 2-3x as many graduates than are really needed. It leads to a bimodal distribution of salaries. The big firms pay 200k to a grads with decent grades from good schools. But a lot of people can’t even find a 60k job in law.