Recently I read somewhere about the number of graduating students from colleges comparing China to the USA. In China a college turns out 200 students, most have engineering degrees and in the USA, we turn out 200 students, all with law degrees. Where we used to place emphasis on engineering skills and mechanical knowledge that allowed for life time careers that one could retire from, we now subsitude this mindset with "let's just find someone with more money than I, that I can sue for some frivilous reason" and wind up with a huge settlement. Liability lawyers have cost each of us, a case in point would be the light aircraft industry. In 1979 I bought a brand new Cessna for less than 20 grand, today the comparable machine goes for nearly 450 grand. Years ago it was not uncommon for a person to spend 30 -35 or greater plus years at a company before retiring and in places there were 2 or 3 generations of families that worked for the same company. Nowadays this is rare, if not unheard of! Heck, If you stay 3 or 4 years someplace nowadays, it is considered a long time.
We now place such an emphasis on college degrees, it has saturated the educational system and 4 years in college to me now means 4 years less experience than those that worked in their field from day one and learned from the school of hard knocks. My Dad retired in the mid 80's as a registered professional engineer with only an 8th grade education. You have to remember that years ago it was rare for most to finish 6th grade and then cupple that with 2 years of trade school, well it mean't something way back when. Dad told me his most frustrating moments were the fact that he'd have to train some snot nose with a "degree" for six months that didn't even know dirt from shine'nola, that started at the same salary as him after his 30 year tenure, and then he would be promoted and become his new boss. Our educational system has dummied down it's criteria in order to receive a more uniform rating so that they can receive their "fair" share of tax dollars. There is no more readin, writin and rithmatic. It's all about budgets and funding and dollars, kinda like wormin cattle, the more you get thru the chutes, the more BS there is on the ground!
Just wait, it will become way gloomier before it gets brighter. I still say a person should learn all they can and do all they can, common task wise, no matter what their career set is. A good example for me is my son-in-law, his career is as a cardiologist and the boy cannot even check the air pressure in his car's tires, but on the otherhand his wife (my daughter) can change the oil in their cars, replumb the kitchen sink and even weld if she has too!
I'll stop for now before I go too far, sorry for rambling folks!