It's anti-truth, and producing students who are fools, and unemployable to boot.
Just as university costs in many countries are increasing for students.
I see more and more parents and students being sceptical of university education, including some of the brightest and most inclined to think creatively. They can see that it seems they will not be able to discuss important ideas, that students seem to come out indoctrinated, and at the end they just have a lot of debt. Not uncommonly graduating without being able to do a close reading of a text or write a coherent long form argument.
At the same time, employers are not finding university grads add value, sometimes the opposite.
Among my kids friends, compared to my own generation, only a few seem to plan to go to university. Many more are going right into work, apprenticeships, business courses, or other paths.
Universities have been bloated up for several decades with far more students than they should ever have had, and they have built infrastructure and hired staff on that basis. When increasing numbers don't see a personal nor a career benefit and don't attend, the institutions are going to crash.