A lot or remunerative, skilled labor jobs go begging these days while college graduates with white-collar aspirations but few marketable skills end up working fast food or coffee shops. From Gwendolyn Sims at pjmedia.com:
“I am not surprised by today’s headlines, or by what’s happened to our workforce,” he said. “I’m not surprised that many of America’s critical industries are still struggling to fill millions of skilled positions. I am not surprised that millions of parents and corporations still believe a four-year degree is the best path for the most people. I’m not surprised that student loans now eclipse $1.7 trillion. And I’m not surprised that airlines are canceling flights right and left.”
What really surprises Rowe is why anyone is surprised at all.
How could anyone be surprised that after “we told an entire generation that they had no hope of succeeding without a college degree,” we’d end up with $1.7 trillion in student debt and tuition so exorbitantly expensive “when the government encourages everyone to borrow whatever it costs to get a diploma—and then forgives the debt?” asked Rowe. I’m certainly not surprised, but no one made students sign those loan papers.