The college degree 'safety premium' is almost gone—but mainly because so many non-grads have given up looking for work

The college degree 'safety premium' is almost gone—but mainly because so many non-grads have given up looking for work

In 2025, the job-finding rate for college grads is just 0.9 percentage points higher than for non-degree holders, Goldman Sachs chief economist Jan Hatzius found.

Why a college degree no longer means job success

A college education used to be considered, along with homeownership, one of the key pillars of the American Dream. Is that still the case? Recent experiences of college graduates seeking employment raise questions about whether a university diploma remains the…