The higher education scam in the developed world is producing many graduates with degrees that lead nowhere. This is precisely what happened in Egypt in the decade before Egypt’s current explosion.
Graduates with worthless skills and an inflated sense of their own value are fodder for movements like OWS.
Unless you study at a tech school, or engineering, your degree probably doesn't directly relate to a job. Not a problem; you take a job on the shop floor and, if you're smart and you work hard, in a few years you've worked your way into the corner office. Or having learned the business, you've started up your own shop.
Graduates with worthless skills and an inflated sense of their own value are fodder for movements like OWS.
Exactly. The problem isn't that they studied humanities instead of technology, the problem is that they thought someone owed them a job with a white collar because of it. There's nothing wrong with a guy with a literature degree working as a longshoreman while he writes his great novel. Or a guy with a degree in sociology going to work as a welder's helper when he gets out of college. Or remodeling houses with his uncle. The problem is just as you say, the inflated sense of your own value and as I say, the death of the entrepreneurial spirit. Thinking a job is a commodity, something someone gives you.