Earlier quoted context omitted.
We do have a lot of relatively unskilled jobs that claim to require 4 year degrees, though. Is college too expensive or is it over-required, or both? Even if it was free, that's a pretty substantial 4 year opportunity cost. The other part, a drop in international students is something different, though. To conclude how damaging that is, we'd need to know how much of the cohort that dropped off would've otherwise stay…
> We do have a lot of relatively unskilled jobs that claim to require 4 year degrees, though. This comes from misalignment of specialization. We have too many English majors and not enough physicians and engineers, and the English majors can't all find skilled employment. That allows the unskilled employers to require a college degree, because the unemployed English majors will take an unskilled job over nothing, so…
Can you back that up? As far as I know, it's a myth about employment; generally, the world is run by liberal arts majors and not by engineers (at least outside SV).
Also, as I point out in another post, college is not vocational school; it's far more important: