No actually we need education to be less tied to employment / survival and this sounds like it would be more.
More education is not some panacea for everything. Increasing education levels did not prevent anti-intellectualism in America and South Korea is an even greater example of that.
Honestly the drum beat of Education! Education! Education! by so called "moderates" in a late capitalist world is anti-intellectual in itself.
Here you are giving a sermon on what is effectively an economic problem and I don't think you've read any economics. Ha-Joon Chang's 23 Things They Don't Tell You About Capitalism has a good section on why more education is not the solution to everything.