The Excess Supply of College Graduates

The Wall Street Journal reports:

The latest nerve-wracking basket-case is Yemen. Its unemployment rate the past 10 years has been about 35%. For Yemenis under 26, the current rate is 53%. Yemen produces about 300,000 mostly unemployable college graduates annually. No wonder the American-born Anwar al- Awlaki headed to Yemen to recruit.

The outside world has a self-interest in pushing the Middle East's economies toward the 21st century. Without economic upgrades, the underemployment bomb will tick and re-explode—there or here.

The education cartel is quite sensitive to this subject.