Yes she is, along with MANY of the kids who are herded into college and saddled with years of debt unnecessarily. College loan officers are some of the biggest "predatory" lenders in the country. Most of these kids have no business being in secondary schools -- but we've romanticized the idea of the University to the point where every parent desperately wants to believe their precious children belong there. Some of them belong in trade schools, some of them belong in the work force. Not everybody is cut out for college, not everybody gets something useful out of it. The sooner we understand that and stop stigmatizing other options and paths, the better off we'll be.
I agree with the first few lines in your post, but I do believe almost everyone can do anything with some effort. Apparently, she earned the degree. I don’t know how worthwhile a degree from this particular college is. But, even a degree from an Ivy League university doesn’t guarantee a job. The degree is just a sheepskin. It doesn’t guarantee the degree-holder can sell himself/herself in an interview or that the student will make a good employee, no matter how brilliant that student might’ve been.
One of my employers had to review 200 resumes for a position once. The position was identical to the position I was holding, and I had nothing more than an associates from a community college. (I’d worked my way into the position.) Yet, most of the resumes we received were from applicants with bachelor’s and master’s degrees from Ivy League universities. My boss was notoriously mean to the core, and he was laughing at those resumes. One was so funny that I myself still joke about it today, 20 years later, and this applicant claimed to have a master’s from the University of Pennsylvania. My boss trashed most of them, so their resumes couldn’t even get them to the interview process, even with those degrees. A few were invited for interviews, but they just didn’t sell themselves well. He did hire someone finally, and she did have a degree from an Ivy League university, but she had written a decent resume and sold herself in the interview.
So, no matter how many thousands a person spends in education, there are other factors at play.