The article starts with a discussion about science graduates, but it’s primarily about the weak job market for college graduates in general.
Unfortunately, college degrees are not a sure fire way to get hired in today’s economy, but they are essentially needed, unless you plan on going into some trade.
Kind of. College degrees replaced high school degrees as a baseline for general knowledge. It used to be the case that a high school degree meant you had some general knowledge of math, history, geography etc., with an above average level of literacy and a reasonable level of intelligence. High school degrees do not mean any of those things anymore. Many kids who graduate with a high school degree are functionally illiterate (1 in 5 graduates).
Unfortunately, college degrees are not a sure fire way to get hired in today’s economy, but they are essentially needed, unless you plan on going into some trade.