Is the United States producing an overeducated class with few prospects of holding a job commensurate with their education? That appears to be the case. Brandeis economist Nader Habibi wrote that too many politicians and parents ignore “an inconvenient truth: a large number of graduates in recent years have not been able to find well-paying jobs that actually require a degree.” Just prior to the pandemic, 40 percent of recent graduates worked in jobs for which they were overeducated.
https://www.insidehighered.com/blogs/higher-ed-gamma/higher-education%E2%80%99s-false-promise