We're oversupplied with the degreed, most of whom are in jobs they're overqualified for.

Hardly news here, but some of the numbers might fill in a few blanks.
'Course if the courses chosen are solely about job-prep, well.. there's an infinitude of web material as can substitute for much of that experience, saving the angst, expense (and that feeling that you're mainly supporting a Sports Team with your involuntary donations.)

Catch 22(k$) ... more like $100k for many; wonder how much private, periodic tutoring (for a reality check) would cost. Resume: "Private school tutoring". It's all a Play, and as RR opines:
In bizness:

Their employers still choose college grads over non-college grads on the assumption that more education is better than less.
The New CIEIOs love to use the word, innovation ... well?

Imagination says, there are many ways to game that casual assumption; a custom-tailored, 'professionally administered' course of study is just one.
Most CIEIOs love to use the word innovation. ... Well?

Makes sense: the massively-motivated (for whatever personal rationale) can parlay their talents (even though some of these--like marketing/persuasion?)--may amplify their capacity, merely for storing oodles of banal BS. (Science majors would never plan so pragmatically, IME.)

It's a legitimate filter to apply too, especially when the result shouts out that 50/50 remainder, so much more effectively than any wordy essay on 'motivations' and other dueling blab-words.

Coming soon (the finishing-school for wannabe hedge-fund managers:) Greed 101.
Bet it's over-subscribed in the first half-hour. Find a Need and fill Credentialize it.
Wanna start on on-line University? Follow the script of School for Scoundrels ..with the unparalleled Alistair SIm! uttering..

He who is not One-up is One-down (silent cha. cha. cha.)

So yer gonna get an edjakayshun, so as to better grok how to cya, find out how things really work (and how to do your own ROI, say--as regards filthy-lucre?)

But.. but.. ya Need that lore before ya sign-up with some of the most usurious bastards since Caligula (whose dice games could have but one winner.)
Methinks that 2014 and hence (given all the discussion now re that ROI-thing) shall see the forcing of some wholesale *Revisions of academe in its many emerging forms
along with ditto re all concepts of medical care--the real utility of Insurance cartles, if Any?--and several other hoary institutions which our parents never ever evaluated:
for themselves or for us.

* Starting with: Kill Sports as.. your main focus/cash cow, with a side gig of hiring a few star-Profs while making mostly grad students teach, for chicken-shit pay.

Everything's a wissenschafft now; er 'knowledge factory', a boffo term I called, *mine!*, on first hearing..
(But I flat-missed the necessity of following that to its reasonable conclusion; didn't know shit about Scale!)