“value” is ambiguous. Prices are set via supply and demand. In this case we see that students gravitate to certain manors more than others, and may not take into account future job demand. Many students may be following a lottery ticket model of buying the best education simply for a chance to participate in a particular job market.

If student preferences were different we could easily be bemoaning low value engineering majors, doctors or lawyers.

If student preferences are disconnected from long term utility then it's unlikely for University costs to normalize on utility. Increasing the costs for high utility majors would result in yet higher prices for those with the majors skills - decreasing prices for low utility majors will simply lower income potential in those majors.