That's the standard line from society of how college works in practice. But the colleges, nay universities, themselves have always been hesitant to become job-creation factories. They are not vocational schools.

Meanwhile, vocational schools and community colleges in the U.S. are considered low-prestige by both industry employers and American society itself, despite less likely to result in high student debt and perhaps fewer pointless degrees.

Just complete lack of coordination from different segments of society, and misaligned incentives across the board.