Even if we pretend that the majority of people attend college not for the purpose of increasing their value to employers and getting out of their parents' house, but for personal edification, colleges don't even accomplish this ostensible goal! Most students are more ignorant in most subject matter than the day they step foot on the campus - https://www.nysun.com/new-york/students-know-less-after-4-co... ; https://www.theatlantic.com/magazine/archive/2018/01/whats-c.... Often they're propagandized for four years, saddled with debt, and told that they got an "education", so it's nobody's fault but their own if they can't find a decent job.
Three cheers for the AWS certs and modern-day educational options and good riddance to the corrupt university system (propped up by taxpayer-subsidized monies, of course).