I'll have to agree with the "It Depends" people. I'm sure it'll also depend on where you're at. In the United States at least, I'm feeling like the college thing needs a crash and burn so that the system can be reset so to speak.
From what I understand, a college degree now is like having graduated high school many years ago. It feels like too many people are pushed towards college whether or not they can afford it or succeed in it. Next, students are pushed towards getting student aid, such as federal student loans, and they rack up debt in the thousands or tens of thousands of dollars. Then, schools gunning for the sweet student loan dollars are doing everything they can do to build out/rebuild their campuses to try and attract more students and that drives up the cost more. Once you're out, you may find that it's tough to get a job in your field and you have to do something else. Finally, the for-profit school situation is makes it even worse with how badly they screw the system over, loading students with debt and running off with the federal student loan dollars. ITT was finally closed down, so I guess that's a start.
Now, that is more of my top level view on how college is going, I'm sure we could go much more in-depth than that. Either way, obviously everybody's mileage will vary.
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