In the US, basically yes. The liberal arts degrees had been dumbed down to the point where nobody ever failed a generation ago, so people who failed out of STE

In the US, basically yes. The liberal arts degrees had been dumbed down to the point where nobody ever failed a generation ago, so people who failed out of STEM weed out classes just majored in history or something. But now the market has figured that out, so there is a massive value premium on STEM degrees, and shifting to a history major is no longer a viable option, which is why there is now pressure to dumb down STEM degrees.