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However, having quite nobly served its purpose, it is quietly fading away as its constituents realize that in a free society, you do not have to bend in any way, or accept kefiradige thought (aka Western philosophy) in any way to succeed.
Even 25 years ago, I knew of no serious YU student who wasted his life studying philosophy or anthropology – most leveraged their year in EY to finish YU in three years or transfer to Columbia engineering school before going on for a law degree or MBA.
These two statements prove each other. Like “Bear” said, Torah U’Maddah is a relic of the draw of knowledge (which unfortunately doesn’t exist in the most part. Now people just want their degrees so they can afford Yiddishkeit.) Perhaps it still exists for Yechidim to use Maddah as a tool for Yiddishkeit, but most (IMHO) “MO” don’t hold of it.