Overeducation

Have you ever heard the phrase “too many people go to university these days” or that “a degree is essential for success”? Well, who is right and who is wrong? Or could they both be wrong, or right? 

Today, about 30% of graduates find themselves working jobs that are not only below their skills level but also don’t require a degree, leading to concerns about overeducation. Well, why is this the case? Is it due to a shortage of high-skilled jobs overall, or only in certain regions and industries? Or could it be a mismatching issue and graduates are simply just not finding the jobs that are suited to them? But most importantly, whose fault is it? Graduates? The Government? Organisations? Or can we just blame the economy and call it a day? The issue, as you might have guessed, is just as straightforward as quantum physics…