> Unless there's another way to get knowledge and experience in those fields.

That's the key point. In most cases there are other ways of doing this training more efficiently but industry would rather offload that cost onto the public and/or employee. Plus, they don't want to figure out the screening part.

Undisciplined

It does seem to be increasingly pointless if the point is to get a better job.

There might be a few high level jobs like doctors, surgeons or electrical engineers that university should continue for some time. Unless there's another way to get knowledge and experience in those fields.

Uni for social benefits or mind expansion could be useful as long as they aren't getting into debt and can support themselves through it.

econ

The Graduate Squeeze and Britain' Economic Problems (FT, John Burn-Murdoch)

denlillaapan

It does seem to be increasingly pointless if the point is to get a better job. 

There might be a few high level jobs like doctors, surgeons or electrical engineers that university should continue for some time. Unless there's another way to get knowledge and experience in those fields.

Uni for social benefits or mind expansion could be useful as long as they aren't getting into debt and can support themselves through it.