Credentialism is destroying academia. Professors have been under pressure for decades to lower their standards, avoid making their courses difficult, and to teach things with obvious vocation relevance. Humanities departments are being slashed. General education requirements have been weakened.
Eventually, employers will realize that two-year degrees are as good as four-year degrees when it comes to vocational training. If a four-year degree represents nothing more than vocational training, why bother requiring one when a two-year degree generally suffices? By catering to credentialism and caving to student demands for vocational training, universities have set themselves up for a disaster.