Elite overproduction is not as big of a concern as the hype would seem to suggest
Despite record high college attendence, the college wage premium is fatter than ever, and unployment for grads is really low at just 2 percent, the baritista meme not withstanding.
The majority of grads major in actionable fields with good career prospects, not journalism or the humanities. Liberal elites who write highly publicized articles about matters pertaining to gender studies or politics are of the minority of majors. Most grads just want the requisite credentials for a middle class lifestyle, not to change the world or rise to the highest tiers of power.
Despite record high college attendence, the college wage premium is fatter than ever, and unployment for grads is really low at just 2 percent, the baritista meme not withstanding.
The majority of grads major in actionable fields with good career prospects, not journalism or the humanities. Liberal elites who write highly publicized articles about matters pertaining to gender studies or politics are of the minority of majors. Most grads just want the requisite credentials for a middle class lifestyle, not to change the world or rise to the highest tiers of power.