Translating to today, what you are describing is appropriate for people who don't have urgency to get a job that pays the bills. I mean, it's nice if that's you. If it's not, though, you either need a degree that is going to help you earn money, or you need a job that's good enough that you can get without a degree.
What you say is a nice ideal. (I mean that sincerely.) Not everyone is in an ideal position, though, and for many people, what you are saying is out of reach.