Should college education be more career-oriented?

SDIvester (US)

I couldn't imagine a world where everyone has a college degree. Now we are told you will never get anywhere without one. So, why are there no job openings for all these graduates? Because many of these companies are only looking for cheap labor. All the jobs requiring an education have been filled. Does this mean the new grads wasted their money, or that the line just got longer and longer?

College graduates at a job fair in Nanjing, capital of East China's Jiangsu province, June 5, 2016 [Photo/VCG]