FiveThirtyEight has a great article from 2016 that agrees with you. [0] It also debunks a lot of the myths of higher education, like the myth that students are mostly majoring in humanities:
>What few journalists seem to understand, Goldrick-Rab said, is how tenuous a grasp many students have on college. They are working while in school, often juggling multiple jobs that don’t readily align with class schedules. They are attending part time, which makes it take longer to graduate and reduces the chances of finishing at all. They are raising children, supporting parents and racking up debt trying to pay for it all.
>“One little thing goes awry and it just falls apart,” Goldrick-Rab said. “And the consequences of it falling apart when they’re taking on all this debt are just so severe.”
>Students keep taking that risk for a reason: A college degree remains the most likely path to a decent-paying job. They aren’t studying literary theory or philosophy; the most popular undergraduate majors in recent years have been business and health-related fields such as nursing.
[0] https://fivethirtyeight.com/features/shut-up-about-harvard/