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Notes -
If the college is going to reap the benefits of a lucrative degree program it might be incentivized to encourage them more.
A college that graduates a bunch of engineers that can go on to make 6 figure salaries is going to be better off than a college that creates a bunch of underemployed barristas.
With the way student loans currently work the university is getting the price of tuition and on campus amenities, and those costs are similar between different degrees. But the cost of teaching the more lucrative degrees is often more expensive, usually because professors that teach it have the option of better private industry jobs, so they command higher salaries at the university.
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