The ROI for many degrees is abysmal. There's been some really great research on in this area, including my favorite report here: https://public.flourish.studio/visualisation/7583742/
The worst cases from that data approach -$1M ROI. Ouch. Those institutions deserve to be held to account, they are doing a disservice to their students and society for putting people into such economic peril. The term leach seems to apply. I'll even concede that prescribing classical liberal education for all is somewhat paternalistic, even overly anglo-centric. We can do better. Still, I think education is critical for democracy to be functional and as a society its worth investing in.
We're generally on the same page as far as I can tell. But yes, I will become quite cranky if you call journalism useless :)