Higher Education was born out of the need to verify applicant knowledge for employment. Then society realized we needed institutions to instill that knowledge. So the university system was born to disseminate knowledge.
But today we have infinitely better ways to disseminate information and the only reason we aren’t using them is because Universities don’t want to lose their stranglehold on education. The end result of which is an elitist system that traps knowledge behind a very expensive paywall. So expensive that only 27% of the nation manages to actually get a degree.
I don’t have a problem with the Universities still existing. But I do think we should make a free education available online for all people and grant degrees based on standardized testing.