Some people don't know what they want to do when they are 20 or so. Universities provide one of the few places most of those people can explore their options. And I don't see it necessarily as well-rounded verses job-ready. I think being well rounded enhances being job-ready (and life-ready). I did not start college in order to prepare for a career. When I started, I had no idea what I wanted to do. I started in Liberal Arts and got a BA in Psychology. Useless for a job, but it did qualified me for a graduate program in Library Science. They warned us the job market was tight. They were right. So I went back to school to UA (where the adventure had started a decade previous, for a year) and got a degree in Computer Science, and that became my career. I still maintain that the communications and psychology courses I took early on have made me a better professional and a better person than I would have been without them, to the benefit of my employer along with myself. And the art, language, religion and health sciences courses (I was in school a long time!) keep coming up for me. I do worry about the cost of a college education now and one of the things I want to learn during the upcoming discussions is what has changed so much that the costs are so high. I doubt I could follow the same path now that I did then, as work-study wouldn't cover much of it and I could never pay the loans they get these days back.