Totally disagree. You can be competitive without a college education. The problem is with the new starters who think a 6-12 week bootcamp somehow qualifies sufficient knowledge to land a job. This is the real issue. You can certainly equip yourself with a strong problem-solving toolkit without needing to attend a private college, but the people who do this and commit to applying their learnings to serious project work (not 'case study' theatre) are few and far between. Most people still think writing a pretty imaginary case study that completely skims critical thinking and research will make them attractive and are the same people who complain when their mass-email generic application doesn't land them interviews.
Wading into design writing, working in UX. Loves bad design, hates sub-par coffee. Find me in the mountains.