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And what about the oversupply of non-graduates relative to jobs? What about the MILLIONS of non-graduates stuck in dead-end retail jobs? </p>
<p>That’s the fundamental flaw in your analysis - your persistent lack of a ‘control group’. You can’t simply assert that a particular choice, such as obtaining a college degree, is ‘horrible’ - you have to compare it to the alternative. However poor your job prospects may be with a college degree, those without degrees have even worse prospects. The unemployment rate for college graduates is actually roughly better or perhaps slightly better than the national average - conversely, unemployment is strongly concentrated amongst the non-graduates.
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<p>You are reading it all wrong.</p>
<p>My point is that education, in and out of itself, doesn’t do much for anyone’s career. Education that gives someone MARKETABLE skills or credentials, is worth the investment.</p>