You don’t necessarily need one day in an economics class to realize that more degrees will drive down starting salaries, you need a little real world experience and common sense. I learned as a small boy that if you go the market with a pickup load of nice watermelons and there are very few others there you get a good price but if you are just one of many with a nice load of watermelons you get little more than the cost of hauling them to the market. Someone told me later that that is what is meant by the “law of supply and demand”.
Unfortunately we are well supplied now with people in government who can make something very simple sound too complicated to understand and at the same time claim to be the only ones who understand the really complicated things.
What you said!
Bump!
Correct, I have met many a self made millionaire that made it on hard work and common sense. Anyone that thinks cheaper degrees is the answer to anything is crazy.