All the evidence points in the opposite direction. The tertiary education system certainly is not helping many students in the West. They can't find jobs half the time anyway.

Stupidly, for a long time parents told their kids to go to uni and get a degree when a lot of these kids should have been going to trade and technical colleges or doing apprenticeships.

They would have been much better off. A trade is a valuable skill that lasts for life. A university degree is like an arsehole, everyone's got one.