refer you to an article I wrote this time last year, having bumped into a piece by Evelyn Waugh in my then-university library. In the piece, entitled 'Was Oxford Worth While?', Waugh concludes that it wasn't, and graduates today might take the same view of their university experience if they have found themselves unemployed after graduation.
The Observer doesn't ask whether university is worthwhile but rather probes the idea that universities should become at one with the modern world, with particular reference to placement years and careers matching.
The idea that universities should provide better careers services is not unknown, but it begs the question of what university is actually for. Déjà vu, much?