A good understanding of maths is very important for a lot of college courses. My degree is in software engineering and I had a maths module for the first 3 years of my course. There are scenarios where you have to replicate maths formulae in code and it's extremely important to be able to work out a maths problem on paper before attempting to write it in code. Also remember that the logical thinking behind solving a maths problem can be applied to other areas as well, and I'd imagine that would be the case for business courses. University/college only really gives you the knowledge of how to learn things on your own after you graduate.

As for universities/colleges being messed up? The one I went to spent a large sum of money on an indoor running track that nobody uses and spent nothing on a library which was out-dated and far too small.

A liberal arts education is meant to make a person more rounded in their skillsets. It may not seem useful to your major but there is a possibility that something might open up in a career that you could use those skills for. Plus jobs that require a degree prefer someone who isn't too specialized in one area for that reason (not all of them though).

That's completely understandable, and I'm not entirely objecting to having to take a higher level math course to earn my degree, I just wish the course options were a bit more open ended so students are able to better tailor their education to what they want to do after graduation. There are a ton of majors that fall under our lib arts curriculum, and only two potential classes that count toward our math credit.