The fallout of an entire nation encouraging their children to pursue a 4-year degree means that many industries that keep the country functioning will not have the workers they need. The huge food supply industry, utilities, construction, police and fire, garbage collection, and numerous others simply will not be able to operate in their current capacity. Most importantly, the aging boomers will need healthcare as never before and there simply won’t be enough people to staff that sector.
Ron Hetrick, Sr. Labor Economist, Lightcast