An accurate term but doesn't make catchy reading in a thread title
Well that depends, do we need more clinical psychologists? If there's a genuine need, get them on board - I don't think you can say that we need every psych. graduate in a psych. position though. Which is why so many end up on the dole or in menial service jobs they could have done at 16, with career prospects limited only to generic graduate schemes.
We could have some, but not as many, by restricting the places.
Say there are (for arguments sake) five thousand psychology undergraduate places a year, why not just knock that down to two-thousand? This is part of a larger problem, as I've stated, of people feeling they have to go to university. In my opinion, a lot of people who go because they feel they have to, do humanities courses. Limit the humanities, limit the jobs that demand a degree when they don't need one at all.
Degrees that are 'less valuable' I'd say - degrees which don't give you a job. Chemists get jobs. Medics get jobs. Nurses get jobs. Biologists get jobs. Mathematicians get jobs.
Their skills are necessary. The skills of a sociologist are much, much less necessary. Needed, yes, but not on the scale of the graduates we're putting through university. Not at all.