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April 16, 2026 41 mins

For decades, Americans were promised that a college degree guaranteed a secure spot in the middle class. But instead of entering corporate management, many graduates are finding themselves trapped in low-paying service roles with crippling debt. Is this widening gap between expectations and financial realities fundamentally reshaping the modern American workforce?

New York Times reporter Noam Scheiber joins the podcast to unpack the core arguments of his new book “Mutiny: The Rise and Revolt of the College-Educated Working Class” about this labor shift. He argues that the psychological injury of these broken promises is sparking a unique wave of workplace activism. 

The systemic failure of the college wage premium poses urgent questions for the future of American capitalism. If millions of highly educated citizens feel cheated by the system, the resulting political and economic destabilization could be severe. 

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