“School cartoonist at one University drew a great cartoon showing the graduating students of the University marching in line to get their degrees and then the line continuing to the unemployment line where they were signing up after having received their degrees.”
That’s great; the biggest problem I see is that the high prices of the higher education are being matched by falling wages and diminishing opportunities. Never mind the cost of the school; what chance do these graduates have of ever earning a living (never mind paying back loans)?
As Thomas Friedman is quoted, “What cannot go on forever, won’t.”
It will eventually correct itself, even if there’s a lot of pain beforehand. If I were younger, I’d probably consider, for as many courses as possible, get the textbooks and use internet sources and self- study until I knew as much I could about a course, then challenge the course.
If they change their names to Pedro or Maria and say they are from Mexico they might be able to earn a living. Or they can move to India and change their names to Indira and Raj.