For any product or service to survive, there has to be a buyer.
Unfortunately, in academia, the buyer of last resort is the government, and it has a major shopping jones (i.e., spending problem). There seems to be no program, no matter how worthless, that the government will not fund.
You are on the right path. And all this funding comes from massive debt, in a printed, unbacked, currency at manipulated interest rates, courtesy of the Federal Reserve. This is the foundation of progressivism and leftist government