Many university faculty today bemoan the fact many of their students are functionally illiterate or close to it. They hate to read, complain about having to read, have trouble reading any demanding texts,  and avoid doing it in their own life. And yet, they graduate.Trump seems to be one of those. Business and economics are also not particularly demanding of reading skills, they rely on short  "executive summaries", math equations and Powerpoint presentations.

And I have seen for myself the caliber of  university students over 30 years, particularly business students. Some are very bright and well-read, most are not.