For me, the way the Governing Body handles the whole education thing, is about control.
Let me explain.
You see, the GB could say ... "Look many young people live on university campuses, often far away from parental control. Unfortunately this has led to many reports of worldly youths drinking, having sex and taking drugs in the dormitories and at so-call frat parties. Christian youths could easily feel pressured in this environment to join in, which would directly compromise their standing with Jehovah. However if a Christian youth is determined to go to university, despite the risk, wouldn't a better option be to attend one in your home city, were you can still go to your congregation meetings and be cared for my your parents?"
All of which is reasonable advice. (Except of course university campus living is not really a thing outside of the US)
But the Governing Body has decided to claim that the desire to attend university, is a lack of faith. A lack of faith in the nearness of Armageddon, a lack of faith in Jehovah's willingness to provide and a lack of faith in them. Yet for anyone who thinks about it for a minute, will see that the level of education a person wants is purely a conscience matter, for there is not one scripture in the Bible on this topic. And if they wanted to get interpretative, then actually there is more weight to support the argument of having more education to "support one's family".
Thus the only reasonable, conclusion a person can make, is that the Governing Body wants control over the lives of young people, to limit their options and to make them mentally dependent upon the Organization.