College is good because you get an education and being knowledgeable = good. It is a well known fact that college grads get higher paying jobs.
That being said,saying you need a college degree for a high paying job is incorrect. You work hard and work in jobs that requires skills and experience and room to grow and you'll find a high paying job in 5-10 years.
Saying college degrees are a waste of time is just false tho. You still stand a higher chance of getting a well paying job with a college degree than without one. Think of it this way, high school needs to work hard to get a great job after 5 years. college grad needs to study, while partying and getting laid to get a great job after 4years. Both options run the risk of getting screwed if you slack off. The college route has a higher chance of success, but you're screwed so much harder if you fail.
What is retarded however is going for a PhD. so effing retarded.