I wrote a little about this framing it as a CS degree problem, but it seems true for a lot more than just CS.
> Can we prove aptitude is flat? Kinda. In 1970s 1-in-2 college grads aced Wordsum test. Today 1-in-6 do.[2] Using that as a proxy for IQ of the median college grad, in the 70’s it was ~112, now its ~100.
> In other words we have more people going to college than ever, but the “average grad” is less intelligent than ever. Degrees are increasingly diluted yet expensive. You can pay more money than ever to show that you are of average intelligence.
From: https://medium.com/@simon.sarris/why-is-computer-science-enr...