is college pretty much a scam? when did it become known that many people with degrees cannot get jobs in their chosen field after? is true?

As someone with a Bachelors Degree, I'd say it's a waste of time and money. (Ask me again in another 5 years and I might have a different answer.)

But, I think a key problem is that the job market has changed. Millennials were taught that the way to a fulfilling career was to get a degree. And, now that there are more degree holders than jobs to employ them, a degree isn't worth very much nowadays.

If you decide to go to college, I recommend that you go into a STEM field or don't bother. The medical field is a good way to go. Nurses and dental hygenists make good money right out of college.

I have a Bachelors in Industrial Engineering Technology.

"Corporate Communications" sounds like a waste. A lot of colleges will create stupid programs just to sell them to naive students. One college (I forget which one) has a curriculum on Zombie Studies. (Good luck finding a job with that major.)

Not every degree will get you a job. If you went to college with a plan, this should not be a problem. If you went to college to party, you are a fool.

yes its true , guess they picked a degree that doesnt have many jobs , over supply and under demanded . has a degree in mechanical engineering specializing in machine design , been out of work for 20 years now .

Some of the other answers are truly comical.  In particular, the person who claims to have graduated from Arizona has clearly never been near a college.  I'm not going to address all of the 8 questions you asked.  Still, here are some quick answers: (1) Is college a scam?  No.  A scam involves a fraud.  The only "colleges" which can be considered scams are certain for-profit online diploma mills.  Traditional colleges deliver what the student pays for, which is an education.  What the student then does with that education is up to him. 

(2) Every bank, mortgage agency, investment firm, and companies from medium size to Fortune 500 employ finance majors. (3) Corporate communications is related to marketing. Its not about talking on the phone.  All large companies employ Communications majors. (4) Some majors (ie: Finance) are more in demand in the job market than others.  No major is useless, however, if the student has a viable plan to use his education in his career.  Without that viable plan, however, its the student who is making the mistake.  

College in itself is not a scam, not it carries no assurances of success either. For each job out there, how many people are trying for it?  About no less than twenty people for each job that exist.  I had to fall back on what I learned in high school and working on the farm growing up.  Never got a chance to use my brain beyond kipping my hands and feet out of harms way.  If you want a good chance at the job market then you should go to a college that is know for positives out comes, not a new up-start school like I did!

Funny how you mention "finance degree" being a useless scam degree, every company has a finance department.

Now gender studies....

A college degree indicates, or at least should indicate that you are capable of learning.  The degree may or may not be an integral part of the job, but it's an indicator.  

I have an English degree.  My job doesn't require it, but I am constantly sought out for my editing and writing skills.  So while my degree isn't a requirement, it makes me better at doing my job.  On the other hand, I have a friend who has been paying off her college loans for 15 years.  She has a masters in medieval art history, and has no interest in teaching.  I doubt she ever finds something to do with that particular degree. 

Try getting a white collar job without a degree.  As for college being a scam some majors are other than being required to get a foot in the door. Business majors? Give me a break. All sorts of people open successful businesses with no college at all. I have a BSME from U of AZ.  When I was there business majors could graduate without ever taking a higher level course, only basic ones (i.e. no courses with numbers above 200).  Communication?  What does that even mean?  All fields require communication of some sort.  

No, it's not true.  College is not a scam.  College is not about getting a job.  You're a poorly educated Trump supporter, aren't you?  It shows.

I majored in physics in college, but I haven't once used the Schrodinger Equation since graduating.  On the other hand, I've been paid quite well to write software for systems involving optics, robotics, and numerical solutions to differential equations, so my bachelor's degree certainly opened some interesting doors.

Loan writers, banking, escrow officers, the list has many fields.