To have the economic privilege to spend $80k a year on education without worrying about the employment result is rare indeed. The colleges created this mess with their relentless price increases, which forced families to start questioning the return on investment, not because of some political campaign. At these prices, most people need positive ROI.
Public funding for higher education has been in a downward spiral for 40 years. That is not new. The sky high costs are relatively new.