There's another aspect you should also mention embedded in the final clause which is often glossed over in judging the merits of education: work quality should

There's another aspect you should also mention embedded in the final clause which is often glossed over in judging the merits of education: work quality should be measured in performance of the actor, not in the results of the acted upon. High quality pedagogy and quality scholarship are not necessarily correlated with who shows up to class or purchases books and journals. It's a separate part of the pipeline with different incentives.