A 2019 study by Federal Reserve economists found that although a college education still provides a boost in earnings, the increase in wealth a degree provides has declined significantly over the past fifty years, due to the rising cost of college and the increase in other forms of consumer debt.

Now throw AI on top of that and college isn’t looking like the ladder to the middle class it once was (if you need to take loans)

https://bidenwhitehouse.archives.gov/cea/written-materials/2024/04/08/the-economics-of-administration-action-on-student-debt/