[tokenadult]

How did that work out for Bill Gates and Mark Zuckerberg?

Anyway, it's a drag at any level of education to not have a job, but there are plenty of unemployed people even with postgraduate degrees. More worrisome, perhaps, is that degrees are not good proxies for good performance on the job,

http://news.ycombinator.com/item?id=4165474

so instead any smart employer newly hiring a job applicant will be giving that job applicant a work-sample test. It's possible for young people with a computer science degree to fail to get past a coding test for a programming job, so even some of the most desired college degrees are not a guarantee of employment.