The Washington Post reports that people who have earned advanced degrees in STEM disciplines from top schools are finding that they can’t land employment in their fields and have to settle for anything they can find. Hans Bader of Competitive Enterprise Institute links to that piece and marshals additional evidence in this post.

There has always been a Field of Dreams quality to the push to get as many people as possible through college — “If you credential them, the jobs will come.” It is increasingly apparent that this is not true. Jobs do not automatically materialize just because people have earned (or sometimes, been given) degrees.