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The thing is they spend 4 years in high school and would rather work then spend 4 more on college so thats why you get no college degrees & besides college jobs are rarest atleast on my island
You can improve the rate in which they graduate by researching literacy program and putting the college efficiency onto max. As long as there are college jobs available you will get graduates.
^This
Plus they have no incentive to get a college education unless you have enough college jobs available for them to take (and/or have the college set to sell your graduates for profit to other countries)
If there's not enough good jobs to step up to, there's not enough reason for them to waste their time in college.
When I build something that needs college grads I tend to only hire half the work force from imported labor and then let the rest fill up from locals going to college over time.
Otherwise you can always import more college graduates to fill the gaps.