Not mentioned so far is the importance of the major the student takes as a determinant of their future occupational success. There is a huge difference in outcomes for humanities, ethnic studies, gender studies, social science majors vs. STEM (science, technology, engineering, math) and other more difficult majors.
Freshmen are rarely informed of this by the professors in these easier majors who need upper level students to maintain their employment. A little truth in advertising is needed…plus the parents need to step in to exert their influence–and pocketbook.