I have interviewed many new grads, and its clear to me that what the American universities are now turning out is a bunch of hyper-specialized grads that only know literally one subject. Because their education is so narrowly focussed they are at least equal to those from non-US universities in that narrow area, but not even slightly as well-rounded otherwise.
I prefer the idea that my university in the UK had, They made a point of explicitly NOT training you for employment, but for a better life. They taught you how to think, not how to memorize 3 key text books and a bunch of jargon.
So what my Uni at least produced was much more rounded people that are much more prepared and continuously adaptable to new challenges even outside their chosen field.
I suppose my question really is: Is getting into some interview room really now the ONLY goal to spending 3 or 4 years or more at university at least in the US? If so that's very sad.