We all no about the epidemic of worthless degrees out there, you probably heard about it from the Captain, and are well aware that certain degrees are not worth the paper they are written on, much less the twenty grand in debt that is required to earn them. Trade schools and STEM degrees are often touted as a far superior alternative, and they really are, but individuals need to remember that going to a trade school or getting a STEM degree doesn't necessarily insulate you from the trivails that afflict the worthlessly degreed.
There are some questions that can be asked about the man who went to pilots school. How legitimate was the pilot school? The actual job prospects for someone who graduates from school considering that many ex-military pilots end up working in the commercial flying after their stints in the service But the fact is that going to school to learn to fly is really like learning the trade. The guy knew what he wanted to do, and he went to a program that he thought would help him get there. In the end it looks like wasn't the guys plan the was flawed, he was just unlucky. I've seen it before.
Most of my friends, who graduated between 2007 to 2010 had rough starts finding work. My room mate, who I have known since college, got an electrical engineering degree but he was underemployed out of college and had to work as a tech for two and a half years before he finally secured an engineering position. I have another friend that took a bunch of jobs as a teller and a few as a customer rep, traveling from South Dakota to California before he finally got a job close to what he actually wants to do; be a credit analyst. The list goes on.
There is a silver lining to all of this as these situations are forcing many of us to adopt attitudes concerning consumption that are more similar to our grandparents than our parents. But that is admittedly cold comfort for the guy who is unemployed and sitting at home. All I can say to that guy is that he has got keep plugging and find something, anything at all, because eventually he will get there.