Poll: Majority of Gen Z See College as a Scam

A new poll reported that 51% of Gen Z view college as a waste of money.

According to the job’s website Indeed, the poll highlighted a generational divide among those who consider a college degree worth the investment. Only 20% of baby boomers saw a four-year degree as a bad investment; for millennials, that figure nearly doubled to 41%, and by the time it reached Gen Z, it was 51%. The poll did not mention Gen X.

Indeed noted that “For decades, getting a degree meant substantially higher wages. From 1980 through about 2010, the gap between what college graduates earned and what those with only high school diplomas earned grew significantly. But recently, this advantage has hit a wall. Economists note that the “college wage premium” has plateaued.

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