They waste our money on such nonsense because they can. We give them our money because those Universities provide degrees we need for our professions.
Canada, Europe, Asia and South America are full of universities and are usually less expensive than many here. I received my degree by testing-out and extension and it is from a an accredited school that is recognized everywhere. Cost me pennies on the dollar and less than six months time. But I didn’t get to join a frat, party like a sailor on shore leave or fatten some professor’s wallet.
I second that.
When our son decided to go to Reconquista University (UCLA) I grounded very loudly. But he got a good education in math and very little BS except in the general ed courses. He did his first two years in judo, almost no liberal claptrap. He just discharged from active duty marines, has a good head on his shoulders and most of his peer and profs didn’t want any of him.