A four year college degree now, MIGHT equal a HS diploma from 50 years ago.
Even worse though, is the decline in common sense reasoning, knowledge of history, etc.
It has become very clear that the value and implications of a college degree are directly related to the race and gender of the bearer. A “preferred minority” acquaintance with a masters degree in a business field has the equivalent of an elementary school education - and the school that conferred the degrees lost its accreditation for a time here in NJ because it had become a joke. He wasted his time and money, and wonders why he isn’t making big bucks...