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Funny that you mention privilege. Most people in the US don't have a degree [1]. Are you saying none of those people have decent jobs? Never mind the people on this very website that work in tech without a degree, there are plenty of other jobs that require no degrees and are compensated quite well. [2] is a good read, despite the fact that it's a little out of date.

[1] https://en.wikipedia.org/wiki/Educational_attainment_in_the_...

[2] http://www.er-doctor.com/doctor_income.html

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There are over 300 million Americans. "None" could only ever be a hyperbolic strawman. But on balance, yes, those without a degree experience substantially higher unemployment and lower wages [0].

[0] https://www.bls.gov/emp/ep_chart_001.htm

[def_true_false]

Good point. In many cases the higher wages are somewhat negated by the time investment though.