Eh alot of people are getting not just Bachelors but Phds and masters now in worthless subjects because their parents told them they had to go to college. I don't blame the banks I'm NOT in that much debt but I know some of Gen Y had to take $200k in loans to get a $60k job. I'm personally done with it. The cost/benefit is out the window. The job prospects are frankly not good and the debt required to get a job knocks one down to the poverty line in spending money now. It is legitimately the 2008 recession students hiding from the economy who graduated in 2012 and are like "oh shit its not any better, time for a masters" and now they are gonna hide another 2-4 years. I'm going to get the jump on them and just work unrelated to my degree because I don't think when they graduate again it'll be any better the second time. The double down will fail. Its a disaster.