I would like to see a reckoning for the modern college and university model. They have extremely bloated administrative costs due to the moral hazards of public funding, they have accumulated ideologically biased fields that should never have been legitimized (https://areomagazine.com/2018/10/02/academic-grievance-studi...), they are increasingly becoming political monocultures that are hostile to any diversity of thought, and they seem archaic when their primary function these days is not to teach (especially at large, well endowed, research universities) but to certify. That is, people mostly attend college to leverage their names as a proxy for economic value on a resume. Could they largely be replaced with testing centers and more focused vocational schools?

All that said, maybe what we need is simply increased competition. Rather than a few, large colleges that absorb lots of students and funding, we need a web of smaller universities that are given greater consideration (and support?) than they are today. However, the current conditions might starve out the smallest colleges or trade schools, and only amplify the hegemony of large colleges.