They call it higher education.
When we say that too many recently “educated” persons haven’t got the foggiest idea how wealth is generated, we mean that literally. As in the following example:
Yes, Miss Millenial went and pissed away the whole $90,000 left to her by her grandmother–and then wondered what happened to it. She has ruled out working to pay for the remainder of her college.
I wonder what she majored in. No one has ever told us.