Education; it's great. But sadly it overvalues a very narrow range of skills and not only ignores but devalues and invalidates others. My own daughter does some spectacular work which shows enthusiasm, creative thought and aptitude, but because she's one of those people who never can seem to think in straight lines her work does not tick the right boxes to get marks.
So yes: it is time for universities to do some serious reviews on what they offer to large segments of their students. But when one looks at the bigger picture rather than individual cases, studying at higher education institutions does remain a good investment in all fields when it comes to judging the return on students' investment.