Did the study take into account the rise of private higher education companies that have sprung up in the past twenty years (like the University of Phoenix)? Th

Did the study take into account the rise of private higher education companies that have sprung up in the past twenty years (like the University of Phoenix)? These colleges are publicly traded companies that have campuses all over the country. They have a higher acceptance rate, they focus a great deal of marketing to lower income communities and they notoriously accept people that may not necessarily be ready for college (as long as they can pay the fees). Maybe the story isn't "the labor market is so bad that even college graduates are taking menial jobs" but instead "more blue collar workers are getting degrees (that don't necessarily get them better paying jobs)".