I think vast majority of Americans not going on to higher education is because system is so screwed up due to debt and unlimited student visas.
Debt means most Americans go "I need to enter into the job market so I can pay off these debts".
Also, alot of foreign students are willing to work/study insane hours because visa hanging over their head. I have a friend who got MS in Engineering but didn't want to continue because he looked at what's required and started talking with his mentor about his PhD. His mentor said it's 996 schedule and if you don't want to, I can likely find a student visa student who will.
Debt means most Americans go "I need to enter into the job market so I can pay off these debts".
Also, alot of foreign students are willing to work/study insane hours because visa hanging over their head. I have a friend who got MS in Engineering but didn't want to continue because he looked at what's required and started talking with his mentor about his PhD. His mentor said it's 996 schedule and if you don't want to, I can likely find a student visa student who will.