A few people crashing on the rocks chasing the siren's song is what ensures the highest concentration of talent for our corporate workforce. A few more ensures depressed wages. Since I posted that bit about Fromm's editorial, I've been looking for it on the web to no avail. He was saying salaries among college graduates are down against inflation the past ten years. You are correct--salaries are going down for college graduates while the costs to get that education in both tuition and text books continues to go up.
It is easy to buy small plaster models of what you think life is like.