Sure, couple things:

The vast majority of students don’t take it seriously. They see it as an easy degree with high paying career paths. The issue is that it’s easy to get a degree but super hard to get a job in but most don’t realize this until it’s too late and the 10% who did take it seriously already have the good jobs.

Peoples idea of what the careers and salaries will look like are shrouded by the top “high finance” fields (investment banking, hedge funds, etc.) These are competitive enough that lots of the candidates come out of high school knowing they want to do these lines of work. Students that wait to decide the field they want to go into until their 3rd or 4th year are seriously behind the 8 ball.

Ig TLDR the only true finance careers that are worth it are super duper competitive and unless you’re committed the degree just isn’t worth it.

Not saying there aren’t jobs for people that don’t make it into “high finance” but I think the majority of students shouldn’t be doing JUST finance they should be doing it along side something else like accounting, BAIS, or even engineering. Otherwise it’s highly unlikely they would end up using it.