Academia should be able to provide both training in the liberal arts, meaning those disciplines that might make us more human if not humane, and help students learn things that can help earn them a living. That is to say, most institutions should make sure that both of these things are accomplished at the same time, particularly given the absurd costs involved.
Have a look here for a first-class treatment of the issue: https://jamesgmartin.center/2026/07/the-false-choice-between-the-liberal-arts-and-vocational-training/