I don't know, what is certain is that currently if you want to apply to a private or government company in my country, there must be an insider and that is the power to be able to enter the work, it is useless to have a higher education if you don't have relatives in the company / that we are applying to (sorry, this is the situation in my country)
What you said is actually true ooo my brother, I don't know which country you're from, But what you said also applies to my country too. In my country having connections and knowing the right people is the key to securing a better job. Regardless of how impressive your qualifications are they are often considered because of the person that you know, a person that has O level certificate will get a job with ease, due to their connections, while a highly educated person with a diploma, master's, or even a Ph.D. may find it difficult to secure a better job.
this life no balance at all. There is injustice in this world. that is why some people find education as a waste of time and the money, because even at the end some could not secure a better job. Money and connection has undervalued academic achievements. That's why a lot of people have begun to question the worth of education and they are feeling that education no longer guarantee success.