IIRC farming is notoriously underpaid, but I believe you are right about the rest.

Well, there is "working on a farm", which is not paid well.

And then there's growing things and selling them, which is usually very profitable, and lands you all kinds of government subsidies, depending on where you are and what you're growing.

Really? This is your plan for grads? I'm somewhat underwhelmed by this grand solution, just saying ...

It's not a plan, it's an option, one of many.

I have two degrees in IT-related fields, and I'm fascinated by modern farming. If you're not familiar, I recommend checking it out.