At least half of people in college now don’t need to be there. THey are wasting money. Many will wind up doing book-keeping or organizational tasks that can be done with basic intelligence, computer skills, and good written english.
America’s economy is also being damaged by having fewer and fewer people in professional and technical trades like machining, drafting, electricity, etc...
I went to college part time, worked full time for seven years, earned about 112 credit hours in criminal justice/psyche with aspirations for law school before I figured learned the hard way that I was on the wrong path. I joined the military, paid off my student loans and learned a trade, when I get out, my GI bill will be used for a trade school. The only regret I have is that I wasted my 20’s being a goodie two shoes and worked too hard. I should’ve done a few mildly stupid things and lived a little.
College obviously isn’t the answer to everything. There are many honorable ways to earn a living, to have success, to have integrity and to be moral. That said, having a college degree in some majors is necessary and useful.