Brick & Mortar universities are outdated and unnecessary.
Online education is the key.
For hands-on work, cooperatives with businesses can fulfill the need as businesses use the latest technology and operate in the real world.
University professors have no real-world experience and exist in a theoretical world.
Lastly, online education and cooperatives eliminate the unnecessary teaching (indoctrination) of students.
I had a relative who was a teacher complain (constantly) about how much athletes made and how little teachers made. She didn't like it when I told her to fire all but the top 300 teachers (about the number of players in the NBA at the time), have them teach video classes for every elementary and high school class and they could make millions. The rest of the staff in the schools would be like arena ushers and concession stand workers to keep the students in line and feed them lunch.