> What is that based on? I haven't heard of any such problem, other than from people who are trying to cut education funding or social mobility. Check any Sout

> What is that based on? I haven't heard of any such problem, other than from people who are trying to cut education funding or social mobility. Check any South/Eastern European country. Tons of degrees, insanely high youth unemployment. Devastating lack of labor for businesses. Of course an engineer will prefer to stay home with their parents instead of going to work as a barista. > Undergraduate college degree holders are generalists. Nobody considers you a specialist, or will hire you as such, because of your undergraduate degree. Maybe some engineering degrees, but really you need a masters degree for almost every specialist job. With generalists I meant unspecialized labor: servers, farm workers, construction workers etc