HIGHER EDUCATION BUBBLE UPDATE: A Startling Number Of Millennials Are Overqualified For Their Jobs. ” A college degree used to be a near guarantee you’d be able to secure a good-paying job that made use of your education. No longer. The after effects of the recession and mounting student loan debt, in addition to longer-term changes in the labor market, have forced many of today’s graduates to take the first decent offer they receive — even if they’re overqualified for the position.”

Who could have seen this coming?