I think that USA culture at least has certainly gone too far in the direction of "college degree = white collar job = comfortable middle-class lifestyle". From what I understand, the PRC ironically also ended up in a similar situation with a vast oversupply of college graduates. That said, the article focuses on people who have two jobs (their day job and also social media influencing), so I wonder if this sort of st…
White collar salaries still pay better than blue collar salaries. Making 6 figures is considered a big deal among blue collar workers in America, while making 6 figures is a baseline expectation among white collar workers. The US gets thousands of people coming in through the border every day, who bring down blue collar salaries more than they bring down white collar salaries.
Also in a lot of trades once you have a "name" and book of clients its easy to work on your own and start a small business