Some of the campuses of my state university system have announced plans to eliminate many of the traditional humanities departments as well as some "Studies" programs in favor of engineering, finance and other more "career-oriented" degrees. I'm not sure how I feel about it. On the one hand, most students lacking an independent source of income will need to ultimately earn a living. On the other, I think there is something to be said for education for its own sake. Although I do think it a bit cruel to encourage most people to pursue doctoral-level humanities studies when the job prospects are so dim.
I keep hearing about the humanities providing highly prized "critical thinking skills", but I couldn't hire a philosopher for an accounting job. I'm not sure that the best poloicy is.