How is this the fault of the institute? If people are pursuing what they want, and the institute is providing it, then they are succeeding in sharing knowledge. Isn't this the mission statement of most colleges and universities? There are reasons schools like ITT and University of Phoenix exist; and a whole different reason for schools like MIT, RIT, Standford, etc. to exist.

People need to realize that there is no need for 175k history major graduates each year and that they will probably never use their degree. The same goes for many other majors, but you know what, if you love it, pursue it, right? Isn't that what entrepreneurship is all about? Just be realistic about your path.

If the cost of schooling is getting out of hand then the people paying for it should do something about it, as some already are. See University of Puerto Rico: http://www.workers.org/2010/world/upr_0520/