No. There are some college kids who have spent the money badly, but not many. When college is $40,000 or more, that means they somehow came up with $25,000 of that on their own every year. That implies that they are working more than you think they are.
It’s a reality that the idea of getting a diploma before being allowed to work is past it’s prime and is not working anymore. We need to figure out how to bring back on the job training and improving the high school diploma so that a graduate is really ready to work.
“We need to figure out how to bring back on the job training and improving the high school diploma so that a graduate is really ready to work.”
It is absurd that we have reached the point that a person needs a degree just to have a CHANCE of being able to make a living. A bachelor degree is worth much less in the job market now than a high school diploma was worth when I turned eighteen and actually represents far LESS of an education. Education now is a scam.
“That implies that they are working more than you think they are.”
No, disagree. However, I do agree with your second paragraph. The stigma of going into the skilled trades needs to be done with. There’s a shortage of talent for these jobs as those currently performing them are aging out.