As someone who grew up upper middle class in a wealthier suburban area, I lived in a bubble where the vast majority of people I went to high school with went off to college and got bachelors degrees. To me, it seemed that that was the norm for most Americans, but that's far from reality.
https://www.npr.org/2025/11/20/nx-s1-5600854/college-costs-h...
takeaway is probably that a lot of not-really-qualified students are going to 4-year schools and probably shouldn't.
Here are the stats for Harvard enrollment of undergrads (1,3), along with US population (2,4) and percent Harvard student (not sure where I get number of people in the workforce with harvard degrees data but maybe this is a decent proxy):
Year - ugrads - US population - % of US pop at harvard
1990 - 22,851 - 248,709,873 - 0.0092%
2000 - 24,279 - 281,421,906 - 0.0086%
2010 - 27,594 - 308,745,538 - 0.0089%
2025 - 24,519 - 343,000,000 - 0.0071%
1. https://nces.ed.gov/programs/digest/d13/tables/dt13_312.20.a...
2. https://www.census.gov/data/tables/time-series/dec/popchange...
Let’s say currently, every rich person goes to college, so college to non-college lifespan is 80:60.
While in the 90s, let’s say 20% goes to college and every college going person is rich. Then the lifespan of college going person would still be 80 and non-college going person would be more than 60.
So, another way of looking at it is that the non-college going population is getting to be the special demographic whose statistics are getting skewed, though I’m not sure that’s the correct way of looking at it.
It's a smell test thing, basically.
There's also the factor that simply getting a degree screens out many of the people that engaged in such behaviors.
By 2020, it had risen to well over a third of Americans who had bachelor's, and 105% more income for those with them. One might expect a dilution in a degree's value, but I think it's just a matter of minimum wage workers still being high school graduates, whereas virtually all professional workers (including the increasingly few manufacturing workers) needing a bachelor's to get past the first stage of HR.
[1] https://educationdata.org/education-attainment-statistics
[2] https://en.wikipedia.org/wiki/Educational_attainment_in_the_...