There are few jobs where a college degree is absolutely necessary. Doctors, lawyers, aerospace engineers, biomedical engineers are a few (I’m selfish because my two oldest just graduated with aerospace and biomedical engineering degrees).
Most other jobs should not require degrees, and I’m case-in-point: I have a high school diploma, four years of technical military training, and a couple of community college credits. I am currently a business executive at a VERY well-known high-tech company, and have held sales and marketing positions in several other well-known tech companies.
We are creating an entire generation of young people who will never realize the payment of their student loans, and are immediately saddled with a mortgage payment as soon as they graduate (and that’s BEFORE they go get their real mortgage payment). Most of the available jobs out there come nowhere near the salary necessary to live and pay off their debt.
It is extremely sad what we’ve setup for our future.
My son is leaving for college soon to pursue an engineering degree. One of his roommates is pursuing a music degree. I can’t imagine what kind of job awaits the music major after graduation.