Not surprised in the least.
Looked to me like college was headed this way when I was going 25 years ago.
Basically an open air sex and booze party riot sure to "graduate" innumerable people who could not even read or write.
I can remember how odd I was considered at college, with books in my room.
"You read all these books?" I was constantly asked.
There were like 9 or so books.
Yes, dude, I read them all.
"Cool! I used to read books, too. My major is in nuclear science so I am probably going to have to read some more to get my degree." (swig from massive malt liquor bottle)
Most of these guys end up as my managers in I.T. a decade later or so.
"Alright, make thum computer thingy, alright! Mmmkay, I'll be back to check on you later to see if you made it! Use Rational Rose and edjamafacashun! I will be reviewing your thingy when itz done!"
('Thal slave slinks back to cubicle to try to accomplish some meaningful work while his 200+ Saps "managers" sip coffee and discuss their beach plans for the weekend)