>2) We would need to provide a "third way" where those skill paths that don't really belong in universities can be met. We'd need to further fix decades of telling our kids that they have to go to university and instead convince them that they will do just as well being welders and plumbers.
but the third way already exists? ie. vocational schools, community colleges, and apprenticeships. it's just that they're not as prestigious as university, and people go with university because they want the best.