That's a very ideological take, especially this part:
> It’s peanut butter and chocolate that has served democracy and its people well
Most people are now saying in polls it didn't serve them well! You're disagreeing with the majority of people's lived experiences. And of those who say it was worth it, a lot will be people in denial. Nobody wants to rack up huge debts and then admit it was a mistake. If you were to somehow measure how many people it has actually served poorly, instead of whether people admit it served them poorly, the numbers would be worse.
And serving democracy? No way! The Biden presidency stressed democracy by illegally attempting to bail liberal arts majors out of their debts, an extreme violation of the social contract. And arguing this stuff served people well when they're telling you right out that it didn't, is the kind of anti-democratic attitude that liberal arts colleges incubate in their student body. It's a big reason they're now openly loathed by so many people.
A good example of the problem is when you claim the academy has "some kind of intellectual idealism separate from economic incentive". There is no "separate from economic incentive". Anywhere, ever. For an adult to have such a belief is like still believing Santa Claus is real. It's economic incentives that have led to these professors creating a flood of non-replicable research using unscientific methods. Publish more papers = get promoted, even if the claims are false. So they publish lots of false papers. Incentives = outcomes, always.
Professors brainwashing people at vulnerable stages of their lives into believing false things about human nature is the number one reason why politics is so polarized, why democracy is so stressed all the time and it's so difficult to get anything done. It can easily take decades for people to learn that it isn't true and sometimes they never learn at all (like, because they went into academia themselves).
Friend, go to a community theatre production and you will find people engaged in something for which there is no economic incentive. Or learning a new language after retirement. Or playing church softball. There’s more to life than money, and there’s good in the world dollars can’t capture.