Every time there’s been a recession over the last 60 years we’ve heard those with a more leftward view smirking and saying “the Kollel system is now over.” We’ll continue hearing that refrain from those same circles for the next 60 years.
That said, the Kollel system over the last 60 years has certainly improved the spiritual welfare of Klal Yisroel. It has been a tremendous tremendous benefit that outweighs whatever faults one might find in it.