I have a university degree and I want to argue with you, but I can't. You are halfway right. If you have a degree in the arts and humanities, then yes, you've been sold a bill of goods. I have a useless arts degree and feel I've been lied to by society because I thought it would at least get me a relatively decent job. Math based degrees do still count however. Accountants will always be needed in business. Ditto for banking and finance etc. As far as the "university of life" goes, if you have the right friends and family who can connect you with a good job and training, then you'll be alright. I knew a guy who only graduated high school, but he had an uncle who helped get him a job as a longshoreman. Well, I heard he recently bought a house! Of course, this is basically like winning the lottery. Technical colleges are good too. I'm starting to wish I had gone to BCIT or something. The problem is I had a snobby attitude towards working a trade when I was younger. Man, do I regret that now...

It's simple nature. One year there are too many mosquitos, then the next year there are dragonflies to eat the extra mosquitos.

Once university was elite. Now it's become an extended version of high school. Everyone can't be elite.

Ditto with housing prices. In a world where 3 bedroom houses go for millions, everyone can't be rich off of a couple of measly millions.

been to both but university the latter, and find the quality of well-rounded people were just easier to pick out in university. Doesn't mean I liked them better, though.

Will AI do accounting? And block chain tech? I think accountants will only be needed to cook the books.

... you want to ignore the role Universities play in Society, and much of this role is hidden. Do you think it is people from Technical Schools working in the Human Rights Tribunals? Do you think it is people from the University of Life becoming Judges?

Our whole society is structured to give the University, in some senses, more power than the Government. The University writes statutes, it is true, but who interprets them? University graduates. A chicken can scratch the ground, but the farmer is the one who interprets it.

The game has changed, companies want to hire people with specific job related skills....not a degree in finger painting.
Changed careers and went to technical college for IT skills, I'm not "Vancouver rich" but got the house and payed it off.....it can be done......bring on the hate.

It's very easy for anyone intelligent to make money these days, during the dotcom era, I was doing it and going to school...elementary school/high school! Computers made it possible to work adult jobs w/o proving you were an adult. Good times, good money.

But money isn't everything---the intelligent people are being bled off into tech, which leaves the Universities and Courts and pretty much everything where you get paid well, but not as well as tech, to fester and implode.

You're absolutely right that there's money out there for the earning if one is moderately intelligent. But money isn't everything, there's also a Western Society that was not built on computers, and, I hate to say it, but I think computers are a mixed bag when it comes to social stability and kindness. People learn to treat other people like computers, "push their buttons," and then get upset at them when they won't comply.