What do you mean by, “the University pipeline...is no longer functional?” It’s perfectly functional, if a bit too “woke.” My daughter is in engineering school right now. You can advise your children not to pursue a BS in a STEM major if you wish, but I am doing the opposite.
"Math is racist".
"We need more Diversity in staffing".
That "woke" curriculum influence that you so casually mention is extremely destructive to development of talent. Completely intentional. And hiring practices after graduation are already skewed towards racial, ethnic, and gender quotas, as well as a strong preference for H1-B staff.
Your daughter will gain a fractional advantage from her gender, which will be more than offset by a lack of membership in the "correct" racial, ethnic, national background, or sexual orientation.
That is what "woke" influence really means. And major corporations support this stuff. They have reasons, which they really do not want to share with you, or me.
And meanwhile, the entry-level salaries are not keeping up.
I hope your daughter has a fine career in spite of the pitfalls. I certainly enjoyed mine. The work is useful and necessary. The rules of the game keep changing to benefit people who do not deserve it.
Time to change the game.