I'm a bit confused by your read on the people who don't make it through college. The implication is that if you don't make it into a high status/white collar job, you're destined for a life of poverty. I feel like this speaks more to the insecurity of the white collar worker, and isn't actually a good reflection of reality. Most of my friends dropped out of college and did something completely different in the service industry, it's not really a "life of poverty."
> My parents got high paying jobs straight out of highschool. Now, highschool grads are destined to flip burgers.
This feels like pure luck for your parents. Take a wider look at history -- it's just a regression to the mean. We used to have _less_ complex jobs. Mathematics/science hasn't always been a job. That is to say, burger-flipping or an equivalent was more common. It was not the norm that households were held together by a single man's income, etc.