I totally disagree. College grads are working at fast food joints because thay cannot add enough value to better employers. Many, many, many companies are looking for people with strong technical and problem-solving skills and a willingness to work hard.
My finish to the sentence: because Universities lowered the bar SO much and hand out such BS degrees in things that hardly qualify as education... that the kids are unemployable...just as unemployable as if they never went to college. The degree is completely devalued.... don't believe it?... just look at the list of study options in the college catalog.
It can’t be said better than you said it. I have an MBA but my skills are mostly out of date. So, I don’t add the value they need, so I have to take a lower job. That’s life and I accept it (I’m 57, so it’s getting late in the day to refresh the skill set).