Universities that emphasize career preparation in their recruiting have a new and serious credibility gap.

Business leaders think today’s graduates, even from predominantly “voc-tech” heavy universities, are ill-prepared for the job market, according to a new survey.

By contrast, university provosts think their students are doing great. The width of the gap between the two groups suggests universities that are claiming to prepare students for the work world are more out of touch with that world than they–and their now more heavily indebted and under-employed graduates–ever realized.