Your second suggestion is as hand wavy as the "goodness of their heart" argument you are arguing against. Why would businesses stop requiring college degrees? Businesses have clearly found that a college degree is a good sorting mechanism for finding minimally competent people. Something else would need to replace that. What that is and how it would become dominant is super unclear.
I disagree here. Lots of ways to screen people for jobs: prior work experience, within-industry training (as opposed to generic college). While college is a good screener, it's clearly not the only screener and it's hideously expensive.
Your second suggestion is as hand wavy as the "goodness of their heart" argument you are arguing against. Why would businesses stop requiring college degrees? Businesses have clearly found that a college degree is a good sorting mechanism for finding minimally competent people. Something else would need to replace that. What that is and how it would become dominant is super unclear.
I disagree here. Lots of ways to screen people for jobs: prior work experience, within-industry training (as opposed to generic college). While college is a good screener, it's clearly not the only screener and it's hideously expensive.