...or teach them to compete. The top five or ten percent in any field (including art) will always work. The rest get to complain about India and China.
It seems engineering, like computer science, is one of those fields swamped with talented people, but they're being under-bid by H1Bs.
But, I concede it's true that anything, even Journalism, can be a marketable major. It depends on what you do with your degree.