Universities are meant to be professional career training institutes ..
And in the good old days you learned to count angels dancing on the head of a pin - then joined the theocracy to become a priest, bishop, cardinal and perhaps pope . They were all "jobs" that insured a safe career, status and ultimately political power. Nothing has changed and the jobs vs. education vs. training debate is a pointless exercise in status seeking. And if universities are not job training institutes why are so many graduates complaining that their fluffy degrees don't result in getting hired ?