If that’s the case then we shouldn’t be funding them as such. Virtually all the support for public funding of post-secondary education is helping people get good jobs and get upward mobility. This is obvious from listening to how politicians speak about educational funding.
I don’t really think anything in college is particularly helpful for entry level white collar work, it’s just what the employers are asking for.
Of course, long term many of those entry level white-collar jobs are likely to be eliminated altogether by automation and offshoring.
https://www.cbsnews.com/news/college-degree-job-requirement/
That being said, it is going to take more than one year of labor crunch for this to be reflected in the choices of students to go to school for a job years later. And I've heard of employers who have tightened the screws on older employees without credentials.
You might not realize this yet, but occasionally overloading students with coursework is actually a positive. I attended an academically rigorous college and as an average student there was just no way I could finish everything on time in a high quality way. This taught me effective time management, ruthless prioritization, and the pointlessness of perfectionism. Those lessons were more valuable than the content of any particular course.