Not every degree is low quality. I and most of my school friends benefited immeasurably from college education.

Universities make a boatload more money peddling basket weaving degrees in social sciences, psychology, athlete nutrition, literature of forgotten tribes of Egypt, history of hair weaving vs. engineering because the prices charged are nearly the same while the outlay needed to "train" a person for b.s. degree is smaller.

This means that universities are incentivized to peddle b.s. degrees.

I don't know...I still see plenty of STEM grads, even CS grads and even from good schools, doing developer bootcamps.