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This kind of thing is cyclical. When the trades get an excess of workers and wages are driven down, the narrative will switch back to "you must get a college degree" just like how it was decades ago.
I remember this with nursing degrees when I was in college in the late 2000s, there was a big deal made about a shortage of nurses around that time, and a bunch of kids were convinced they were going to make bank and have guaranteed jobs when they graduated, then they started graduating and flooded the market. A bunch of them ended up staying in school for grad degrees in other fields, since they couldn't find nursing jobs.