That's a positive effect of having education close to industry. Unfortunately the costs and requirements to get into those schools is now so significant that fe

That's a positive effect of having education close to industry. Unfortunately the costs and requirements to get into those schools is now so significant that few can do it. High cost of living = parents have to pay. There isn't the "self funded" student in those circumstances. Responsible and reasonable individuals are not interested in giving up 5 years of their life and accruing high interest debt for the chance at a job. This may explain why many higher education students stopped going to work. The people you actually want to hire likely are working other jobs to afford to stay in school.