Everyone doing liberal arts means nobody has the skills to run the modern technologies that power our society. Nobody wants to pay for a vague qualification

Teach arts as part of a rounded education sure, but also teach STEM so we can actually get things done and people can get paid for doing something that organisations actually want done.

Over-optimisation towards one or the other leads to either arts qualified young adults who can't do much for work, or highly literal engineering types who only see value as utility.