Advanced Degree in what though. That's the rub.
In my experience most people who get advanced degrees from top-tier universities in the "squishy stuff" (French Literature or whatever) are intelligent enough to know what they're getting into (-- i.e. apocalyptic job market for liberal arts professors nowadays, which always puzzles me given that apparently everybody needs to go to college now, but I don't have an answer).
But I'd just reiterate that basically every person I know with a liberal arts undergraduate or graduate degree either has a really good job now (which typically has little or nothing to do with their degree) or opted out of the workforce on purpose (decided to be a stay-at-home "freelancing" spouse/parent, work on a cheese farm, etc). and guess what, now they know a lot about French Literature now too. I really think the whole "I majored in underwater basket-weaving and OMG I'm so shocked that I can't make a career out of it" trope is basically a myth, or relegated to a small subset of dumbasses.
I've probably posted about this X-nauseum times, but the US university system is not set up to be a vocational thing, it's set up to give you an education. The problem now is that 1) being a college grad has become a barrier to entry for white-collar jobs 2) in return, college has become expensive as f*ck, which is breaking a lot of middle-class families and 3) everybody's trying to put return-on-our-families-investment pressure on colleges, when they were seriously just set up to teach you about Shakespeare and higher mathematics and stuff.
I really do think that's changing -- I work in a weird subset of technology which is challenging and high-paying and most of the (brilliant) people in my field could give two sh*ts about my fancy-pants degrees.
Edited to add -- student loan forgiveness, I'm not on board at all, it would basically be tax relief for rich people.
Edited by Brian Kennedy, 09 March 2020 - 1843 PM.