The university provided a liberal arts education, and the student had a wide knowledge of the basics of Western civilization, history, social studies, language, arts, science, math, etc. Through the requirements of a major study, a student attained a depth of knowledge in one specific area such as physics, geography or English. The student then went out to get a job to make money in their major field. With knowledge doubling every seven to 10 years in the information revolution, a university education becomes obsolete within a decade. This is a real problem when factoring in the high cost, time and exclusive nature of a university education.
Subsequent employment requires further education and skill development.
Many college graduates do not enter their major fields of study in the economy and waste their efforts gaining education.