The educational short circuit

Most of the companies across the globe are downsizing their work force. In contrast the number of degree holders seeking jobs is increasing exponentially. This has led the youth to a very critical pass.
In the earlier times only few people got educated. During those times even those who did matriculation got employed easily. As the jobs ensured fixed income, the whole population got interested in acquiring degrees and diplomas till a saturation point was reached in the nineteen nineties. Fortunately during those times Canadia, Australia, Newzealand, etc started developing new towns and districts in their countries in the areas which were otherwise unfit for human inhabitation. These countries found Punjabis too eager to immigerate even to such wastelands. They exploited the situation by starting scores of educational courses of little value and started providing PR status to the youth. These Punjabis were equally satisfied as they hardly had any chance of employment in their own country. PR status was also granted to skilled workers from Punjab like plumbers, electricians, welders etc. For this reason professional institutes like ITIs, Polytechnics, etc sprouted in all parts of Punjab in large numbers.
Now even the foreign route has got saturated to a great extent. Quite often we see students seeking employment in the same very institute from where they pass out. The skill, if at all, they learn is never put to any practical use. A graduate from a private engineering college starts teaching there itself. Same is the case with several other institutes around Jagraon. It is like getting cheated first and then start cheating others later on, in a round and round circle. This situation can be called as educational short circuit. It surely downgrades the value of degrees.
The young Jagraon-wasis need to start loving their family occupation howsoever humble it might appear rather than getting conned in the name of degrees in India and abroad.