It makes you feel good about yourself.
Sooner or later the truth about the value of a college degree will get out. It is irrational to pay $100,000 for a degree that will get you a $25,000 a year job. The earning premium for a college degree isn’t evenly distributed - engineers, doctors and other professionals get most of the additional lifetime earnings attributed to holding a college degree. Many of these students will graduate with big debts, and not much in the way of prospects for a good job.
Unfortunately, the idiocy taught in our colleges has real life consequences. Students start life deeply in debt, besides being totally ignorant and naive. Four or five or even six years of their lives which could have been productively spent are lost. And the stupidity seems to be working its way down to the lower grades. Just to make things worse, Catholic schools, which were a beacon of light in a dark landscape, are closing just when they are needed most.
Also at
Carnival of the Insanities.