Student Loan Forgiveness Proves All Those College Degrees Really Are Worthless
30th August 2022
Surveys over the past couple years show that at least 45% of college graduates are unable to find a job once they enter the private sector. Those that can find a job usually end up working outside the scope of their field of study. Keep in mind this is happening during a period of very low official unemployment.
The result? Four year or eight year degree holders end up working side-by-side with high school graduates in lower wage jobs. This is extremely common and is fueling a rise in worker discontent. Their fantasies of six-figure incomes and a life of prestige suddenly hit a wall called reality, and now these students are angry and in debt to the tune of $36,000 or more on average.