Universities are not just factories that produce workers. Having a well educated society and people studying is desireable no matter how employable the people a

Universities are not just factories that produce workers. Having a well educated society and people studying is desireable no matter how employable the people are afterwards. A well educated society is essential to an effective and efficient democracy and I would argue beneficial to culture and quality of life overall. The US is actually a very good example for what happens, if a significant part of your population is not well educated.