There was a time when that would translate to real-world success. You can't exactly blame a teenager for not understanding the nature of the education bubble in the United States. I would place blame on a system which continues to encourage these choices in our young without fully informing them of the likely consequences. Yes, some people who major in art history or political science will be wildly successful, but the vast majority of them won't. That reality is often not communicated to college students in the United States.
"He works as an associate editor at Sikkim NOW, a small newspaper in India. You can follow his blog at www.andrewdanahudson.com."
I mean, it was obvious to me at 17 when my teachers said "it doesn't really matter what degree you do as you go to university to learn to learn" that that was complete nonsense. Of course it matters!
Those are really the only two observations one needs. One can infer the rest. (For me, at least, these observations became clear towards the end of middle school)