> The fates of the less-educated and those who graduate from universities diverge in dire ways. Middle-aged white Americans without four-year degrees are at increasing risk of dying, a well-documented trend driven not only by drug use but also by alcoholism, suicide, and slowing progress against heart disease and cancer. While that's pretty damn horrible, the fate of people with newly-minted bachelor's degrees isn't…
I agree with the rest of your post, except this part. Entry level jobs are what people should be getting straight out of college. Senior positions and management jobs go to the people with the experience to do them, and that's almost certainly not a person with a year of experience and a new bachelor's degree.
I kind of wonder if these weird expectations aren't part of the problem. If the definition of success is to graduate college and move straight to senior management, things might not work out so well...