Sounds about right. I went to grad school in Canada. Felt like I was even more worthless than the 130 dollar ethernet driven clocks on their walls (yes you heard that right, clocks in the university had ethernet). Not a single penny of the money that we spent as tuition was spent back on us, but rather spent on "amenities" for undergrads. Sometimes not even that! The cherry on top was when it was found that the president took home 450,000 CAD extra in one year making him the 4th highest paid public employee in Ontario with near seven figure salary for doinf the same job as the year before. The board of governors said they never read his contract, but rather hired some other people to do this! They publicly said they didn't do their job and no one got even penalized over this let alone fired.

The students cheated their way through school. Professors wouldn't punish plagiarism because they were afraid their salary would be cut due to lower graduation rate/satisfaction.

I decided to volunteer. Maybe I can be a part of the community that way. Well guess what, the student societies are corrupted too! Lead volunteers taking two or three "chair" positions at the same time, not even showing up to meetings and taking home 1000 dollars a month per position! A "non-profit" student society for God's sake!

I ended up in a career that has nothing to do with my degree anyways.

You are not wrong. Schools are businesses here. Unfortunately the general population doesn't see that.