And those paying for education are saying that they don't want to invest much of it in a liberal arts degree. Sure, one course freshman or sophomore year is fine. After that, the focus has to be on subject matter and training (e.g. internships) which they can sell on the marketplace.
Needless to say, some of us who did leave college and also graduate school with liberal arts degrees write all that off as a lousy investment. While that background helps my communications career, it was an impediment in landing the first real, decent-paying job. I advise Generation Z "to major in what the marketplace puts value on and will pay for."
The Wall Street Journal reports that liberal arts professors at elite Columbia University are feeling the economic effects of this shift in education to pragmatism. They contend they are not getting the resources they need. Here is that coverage (sub. req.)
Actually, they might back up and consider themselves fortunate that they at least have jobs. I wonder about the job security of not only professors in liberal arts per se but those who are now teaching at liberal arts instiutions. Those colleges and universities might not survive the next five years.
Take my alma mater Seton Hill in western Pennsylvania. It seems proud to promote itself as a faith-based liberal arts institution. But, will members of Generation Z bypass it for colleges and universities in the area whose branding screams Marketable Career Paths?
If I were advising academic institutions I would alert them to the need to position and package themselves as feeder pools for the kinds of knowledge bases and skills in demand for global, digital economy.