I think there needs to be acknowledgement that there are two different learning tracks in higher education - one that is facts & figures, and one that is experiential. For better or worse, most institutions treat success in facts & figures as a high quality proxy indicating future success in the experiential areas, which includes everything from how an individual knows how to learn & how to teach themselves, to how they effectively build relationships and collaborate with others. Speaking as someone both liberal arts & technical degrees, and technical & business leadership experience over 20 years in manufacturing & big tech, my assessment is that this is ridiculous. Of course there will always be a need for "human computers" -- people who specialize in functions requiring programmatic, fact-based work -- but
most jobs are not like this, and most individuals who prefer this type of work would generally benefit from expanding their comfort and capacity in human-centric skills.
To this end, I agree vigorously that the current state of higher education is both unsustainable and insane, but I think the end game will be more private enterprise & public sector employers deciding to expand intern & apprenticeship programs as an alternative to being constrained in hiring to the pipeline of candidates emerging from top universities. We'll see.