Millions of Americans in their 20s are jobless — but are ‘worthless degrees’ and a system of broken promises really to blame? Here’s what’s behind the catastrophic rise of NEETs

The report suggests that even a temporary withdrawal from society can have lasting consequences on a young person’s life. “It’s associated with lower earnings, less education, worse health, and even less happiness in later adulthood,” the study says.

With nearly one in ten young people facing this grim future, some are now calling for a redesign of the education system to address the issue.

Worthless college degrees

Although college is traditionally seen as the path to building a bright future, political commentator Peter Hitchens argues that this belief no longer holds true.

“In many cases, young people have been sent off to universities for worthless degrees which have produced nothing for them at all,” said the author in a recent episode of his Alas Vine & Hitchens podcast. “And they would be much better off if they apprenticed to be plumbers or electricians. They would be able to look forward to a much more abundant and satisfying life.”

Indeed, nearly 52% of job postings in January 2024 did not require a formal college degree, according to Indeed’s Hiring Lab.

Meanwhile, 39% of firms in blue-collar sectors such as manufacturing and construction said they struggled to find employees in 2024, while 37% said the employees they hired were not suitable for the job, according to Angi.

This skills gap is likely to persist as young adults still see blue-collar work as less prestigious than white collar professions.

A Jobber study conducted in 2023 found that 74% of Americans between the ages of 18 and 20 perceive a stigma associated with choosing vocational school over a traditional four-year university.

Many are willing to go into debt to finance their white-collar ambitions. American households had accumulated $1.61 trillion in total student loan debt to finance some of these degrees, according to the New York Federal Reserve.