College used to be a stamp of competence, you used to be able to get a job unrelated to your degree by the simple fact that if you finished a college degree the

College used to be a stamp of competence, you used to be able to get a job unrelated to your degree by the simple fact that if you finished a college degree then you were at least certifiably competent and hard working. This is also why which college you went to mattered (and still does matter) a lot. A degree was basically outsourcing of part of the job interview process. If everyone has a college degree it no longer has that intrinsic value, so only degrees tied to the job description have any value at all. Compounded to the fact that companies no longer train their employees because they don't stick around for their whole careers means entry level positions are evaporating.