Well yes you said it right in today's world a bachlor degree gives you a certain sense of security & that helps in boost your morals,no matter you use that piece of paper or not.that builts a different confidence in you.
Though most of the govt are misabaly failing to create jobs out there,that makes people join an informal sector that might just gives you more success than 8-5 one.
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Great perspective! Thanks for pointing out that getting a degree may have more benefit than just the straight education. For some, they help boost their confidence etc. 😊