It does seem like the drop out rate (and debt associated with non-degrees) is high enough that the current model isn't working. My concern is that replacing it

It does seem like the drop out rate (and debt associated with non-degrees) is high enough that the current model isn't working. My concern is that replacing it with less education hurts more. The Vocational Education trend seems like it's on the right track. It would also be good to copy the German apprenticeship model.