It’s good for society. You get a more educated population, you get to redistribute wealth (reduce GINI is always a win), you get increased per capita productivity as people expand their skills.
Well, for one thing, critical thinking and communication skills seem to be in short supply.
Students in America don't have jobs. You can be motherfucking Einstein but you will still have to be a waiter in a cafe to contribute to society and pay for your student room.
When you are 20 you don't need sleep.
I hope you aren't hit by a sleep-deprived 20 year old driving from their night shift to an early morning class.
Have you observed a lot of critical thinking and good communication from recent college grads?