Student Debt Crisis: Too Many Degrees, Not Enough Jobs
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Andrew Gillen, a research fellow at the Cato Institute, says the United States has more people with college degrees than jobs that actually require them, raising new questions about the return on investment for higher education. According to Gillen, roughly 38% of Americans have earned a bachelor's degree or higher, while only 25% to 28% of jobs require a college degree. The findings come as the nation continues to grapple with a massive student loan debt burden and ongoing debates over college affordability, workforce needs, and whether higher education is delivering sufficient value for graduates. The discussion highlights growing concerns over student debt, labor market demand, and the economic payoff of earning a college degree. #College #StudentDebt #HigherEducation #Economy #CatoInstitute #Education #Jobs #Taxpayer #BreakingNews #Finance #CollegeDegrees #Workforce #StudentLoans #PublicPolicy #News