Is College Still Worth It? Gen Z And Millennials Are Losing Faith As AI Disrupts The Job Market
From Yahoo Finance: 2025-05-03 09:43:00
As tuition costs rise and AI impacts the workforce, many young Americans question the value of a college degree. Indeed’s survey shows 51% of Gen Z professionals see their degree as a waste of money, compared to 41% of millennials. The average cost of a bachelor’s degree has doubled to over $38,000 in 25 years, with U.S. student loan debt near $2 trillion.
AI adds to concerns, with one-third of college grads feeling AI has made their degree irrelevant, climbing to 45% among Gen Zers. Experts like Netflix’s Ted Sarandos say AI won’t take jobs but reward those who use it well. While some roles face automation, areas like nursing and creative strategy remain secure.
Despite doubts, education still holds personal and professional value for many. Higher ed helps build networks, discover paths, and develop skills, say experts like Christine Cruzvergara and design graduate Nico Maggioli. Adaptable skills gain importance over chasing prestigious degrees, with focus on humanistic and analytical skills recommended for the future.
For Gen Z and younger generations, college’s value lies in preparing graduates for a changing world with adaptable skills. The job market’s “college wage premium” has plateaued, leading to more competition among graduates. Employers increasingly drop education requirements in job postings, reflecting the evolving landscape of work and education.
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