It is really about time we thought about what universities are for in the 21st century, since there has been significant scope creep wrt labour markets, particularly roles which do not actually require university education but do require a degree for CV reasons. It is nonsense in the 21st century to require a bachelor's degree for such roles. Not to mention the huge societal pressure that you have mentioned, which no 18 year old can really be expected to see through.
With CS students this is one thing. Medical students? Air traffic controllers?
That is to say, there is a huge gap in the educational integrity of degrees, and this is probably partly driven by people who do not really want to be at university for educational reasons (and, believe it or not, there are other ways to party in your early twenties) and for whom a degree in XYZ is not rationally connected to 80% of their options after school. And there are many such people.
This really needs to be thought through, because education is expensive, and it is an enormous waste of money to pay for a couple of years of university and end up failing out or being sanctioned for AI cheating, or being educated for something you do not really want or need to be taught. That is true whether or not education is paid for privately or by the public.
ETA that when I graduated from school the idea of not going to university was really discouraged by the guidance counselor. It seemed like vocational courses were not really a worthwhile option unless you were a poor (significantly below average) student. There was a lot of emphasis on ‘getting a degree’ probably related to (nonsense) job requirements. Not a lot on what career you should pursue, or why you should consider university. It was more like why would you not consider university, since it was the de facto default. It was, I guess, unseemly for the school to end up with fewer university entrants and more apprentices.
At the time, there was somewhat of a social stigma with apprenticeships. The people that pursued them seemed to only genuinely have been set on the idea, and there were few if any that were diverted thereto. Now, of course, ‘the trades’ pay much better than a middling office job. Egg on my face.