I think its been this way for a while? At least since the Great Recession imo. I have friends who have amazing credentials (talking like compsci and physics phds from places like caltech and cmu) and very few of them are employed in their field. Some of them didn’t even do anything and are basically NEETs who play video games all day.

It’s pretty clear the actual value and potential of these degrees aren’t being honestly advertised. The “STEM” hype as mentioned here certainly doesn’t help the situation. It is a lot of time and money and effort thrown away for a lot of people and it’s heartbreaking.