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UNIVERSITY IS BECOMING A TRAP? — Graduates Can’t Find Jobs & Student Debt Is Exploding!

757 views · Published 4 March 2017 · 15:26 · Indexed 30 October 2026

Channel: Mike Martins · 2017 · People & Blogs

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“Student loans are the mortgage for the house — and you don't have the house.”
— Mike Martins

What is happening to young people coming out of university?

We were told for years that the path was simple: finish high school, go to university, get your degree, find a good job, buy a house, start a family and build your future.

But that path is starting to break down.

In this video I look at an Australian report examining why university graduates are having such a difficult time finding relevant full-time employment. The easy explanation is that Millennials are supposedly lazy, entitled or too picky — but the article argues that something much bigger has changed.

Entry-level jobs that once allowed people to get their foot in the door are disappearing. Technology is replacing some positions. Other jobs are being moved overseas. Employers are demanding more qualifications and experience, while more graduates are competing for fewer opportunities.

The numbers in this article really caught my attention. It says young people are taking an average of 4.7 years after leaving full-time education to enter full-time work, compared with roughly one year three decades earlier. At the same time, the cost of getting that education has increased dramatically.

And that's where I start asking the bigger question:

Is university still automatically the best investment for everybody?

I'm not saying education is bad. I'm saying young people need to look carefully at what they're studying, what the employment opportunities actually are, how much debt they're taking on, and whether another path might make more sense.

I talk about my own experience leaving school without much formal education and learning a trade rebuilding automatic transmissions. I worked with my hands, learned a specialized skill, earned money and eventually moved into business.

That's why I'm telling younger people to seriously consider trades: plumbing, electrical, welding, trucking, agriculture, mechanics and other skills that society actually needs.

The world of employment is changing quickly.

Don't automatically follow the path everybody tells you to follow. Look at where the jobs are going.

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