College debt = zero.
Also, I like to compare my income to peers who had a college degree and since the early 1990s, I have always made more. Now I make over double the average income of a college graduate (in my age group).
All my life, I have read books constantly, lots of non-fiction such as history, biographies and the sciences. As well as much of the classic literature.
Recently I had a relative checking out my private library who had a master's degree in something or another. He mentioned that he had never read any of those books. Though he seemed well versed in Harry Potter.
It used to be a real accomplishment to get a college degree. Now they are handing out college degrees to anybody who can pony up the tuition (or take out massive loans to pay it). As a result, college degrees have been watered down and are mostly useless.
I'll still make an exception for the medical, law and engineering fields. Those degrees by and large require a lot of work and effort and still yield a decent career (if you have the work ethic to apply yourself afterwards). There may be a few other worthwhile majors I missed.
You are right all around. I work in higher ed now and about 10% of the work and learning is expected of them for a basic BA/BS compared to when we old farts largely put ourselves through college—if we valued it enough.