The point of a university pretty much is to hole yourself away from the broader world and engross yourself in the life of the mind squirrels away from practical concerns about the real world. It's kind of weird that we shoehorned this whole idea of career preparation for mass populations into an institution that's uniquely unsuited for that specific purpose.
Then we get pissed off because when those same universities don't do a good job preparing students for the job market. But that's like complaining that a winter coat is uncomfortable to wear to the beach.
it's because of the GI bill https://en.wikipedia.org/wiki/G.I._Bill , which setup a generation of people who got cheap/free college. Then they, obviously being educated, did well, and it flowed out on to the rest of society.
University was originally only for those who have the privilege of paying for it. And if you could afford it, you wouldn't need to worry about jobs or having to pay bills. But the recent college education dogma for jobs has transformed it to a utility, an "investment", and thus loans.
There is a place for loans to college education, but not as high as i see right now.
Bootcamps are close, but I think they are over-promising in their speed (only 12 weeks!) and have some reputational issues now.
A lot of universities have adapted and are offering separate but closely related programs for software dev and CS.
How many philosophers do we need?
The cozy vibe of murder?
Jokes aside, my impression of the school in that book was that it was closer to one of the fancy east coast SLACs that do have somewhat of a reputation, but it's been a while