After College
We are witnessing the transition from college is for everybody to college is unnecessary and often useless. Going to college to be able to get a better job is likely to fade away as the primary reason students attend. And the institutions themselves universities and colleges of various types will have to accept a much less prominent role in our social and economic systems. They are in danger of becoming cultural relics.
To be sure, a large majority of American parents still believe that their children must attain a college degree for their welfare and happiness. Almost always, those parents are applying both their understanding of how the world works and their recollection of their own time in college. College as they knew it was the on-ramp to prosperous adulthood. But that outcome is steadily becoming less likely.
via quillette.com