This is every industry - barring unionized trades with established apprenticeship pathways - over the past few decades. Either someone does the early-career job-hop dance, or they take on student loans to (maybe!) skip some of that. (And, you know, universities would prefer not actually to train anyone, either. If they can - "highly selectively" - find cohorts who don't need much mentorship then that's much better for their bottom lines.) Regardless, the entire cost and risk of training has been pushed onto individual employees.

Yes, this works well for a small minority of highly-motivated people - who are, of course, vastly over-represented on this board, so few here will object to it - but it prevents far, far more people from ever reaching their potential.