[mjburgess]

I'm not concerned about the quality of hiring at businesses -- they are sufficiently strongly incentivised to hire productive employees, not ones whose net effect is to lower production. I think the incentives on everyone involved are faily 'naturally well-aligned'.

I'm more concerned about how universities have positioned themselves gatekeepers to the employment market backed by state-granted degree awarding powers.

I think this is an extremely artifical situation with extremely negative social concequences. Vast amounts of money are being funnelled into universities for little gain.

They are, if you like, the App Store of the jobs market. Taking a 30% cut on just getting hired. It's insane, unsustainable, economic madness, and social madness.