India's college education system is under scrutiny as the rise of artificial intelligence (AI) threatens job security for graduates. The wage premium that college graduates once enjoyed has been declining since 2011, with a surge in the number of colleges leading to an oversupply of graduates. Currently, nearly 40% of graduates aged 15-25 are unemployed, as many find themselves in low-paying sectors like agriculture and retail. The education system, which was established during British colonial rule, has not adapted to the needs of a modern economy, resulting in a lack of vocational skills among graduates. While more women are pursuing higher education and entering high-growth industries, their overall participation in the workforce remains low compared to other developing nations. The structural flaws in India's education system and labor market are leading many young people to question the value of a college degree, especially as AI advancements threaten traditional job roles. Without significant reforms towards vocational training and a stronger manufacturing sector, the college degree may become a costly and ineffective pathway to upward mobility.