>Whenever I see this happening I find it hard to not think up of unlikely but satisfactory conspiracies where this is all a plot to make the educated middle class less aware of social issues and the similarities in the themes of human struggle of all societies.
It's not exactly a conspiracy, but it's entirely the result of the elites trying to shape the labor market.
They still see engineering as an overpaid profession (one of the last holdouts of the middle classes), which is why they're trying to push more of the younger generation into it and pull in more immigrants (see Mark Zuckerberg's FWD.us, for instance).
Driving up supply will push down wages.
This is the source of all of the sneering about useless degrees in humanities too - as if it were the fault of 21 year olds that they graduated into the worst labor market since the depression.
It's not exactly a conspiracy, but it's entirely the result of the elites trying to shape the labor market.
They still see engineering as an overpaid profession (one of the last holdouts of the middle classes), which is why they're trying to push more of the younger generation into it and pull in more immigrants (see Mark Zuckerberg's FWD.us, for instance).
Driving up supply will push down wages.
This is the source of all of the sneering about useless degrees in humanities too - as if it were the fault of 21 year olds that they graduated into the worst labor market since the depression.