In this case there needs to be regulations. We off shored most of our decent blue collar industrial jobs so now college is now a necessity. You are living in the past.
Why does there need to be regulation? To protect people from themselves.
I got a college degree for free as did many of my coworkers. If you spend two years in a community college and then work for 2 years while going to school, you will come out debt-free.
But Nooooo....kids want to join a fraternity for $1000 a year and eat at the steak place on campus while buying season tickets for football and basketball games. They won’t attend some boring old community college.
College is a necessity because government meddling got rid of the ability of employers to test prospective employees with respect to their area of employment so the default denominator for a job applicant at many locations is “do you have a college degree” in order to qualify as a latte foamer or toilet cleaner.