alt Hacker NewsThose numbers actually back up the point. The jump in education after WWII happened during the biggest boom years the US ever had. The rise to 40 percent college grads happened much later, during globalization and offshoring. So the slowdown is about the economy changing, not people getting more education. It is just a bad correlation.
Right, there was clearly much more capacity for advanced education with the rise of technology (farming advancements, medicine, electronics etc) that started before WW2
There is something to the point about needing a correction in post secondary education and making university again a specialized place rather than the catch all default generalized institutions. Where 70% of the population tries to waits 3-5yrs+ to enter the workforce in exchange for lots of debt. A debt heavily incentivized by cheap gov backed loans, subsidies, credential inflation, and very profitable immigration schemes.