Peter Thiel, author of Zero to One, believes (according to a Fortune magazine story), “We are in an ‘education bubble,’ in which colleges saddle undergraduates with needless debt by tricking them into thinking their degrees will be worth more than they really will be.”
IMO, some degrees are worth a lot; many aren’t worth much at all. And there is a lot of misleading propaganda swirling around. And many misled kids.
Whether you’re getting your money’s worth is for you to decide. I suppose it all comes down to what you value and how much you’re willing to pay for it. I also suppose some kids and their parents will make prudent decisions and some won’t.
My caution to you is to think and judge for yourself. Don’t blindly rely on the propaganda and slick marketing messages. Most people who run colleges are interested primarily in their institutions’ survival and their own welfare. Often times there is a large gap between those interests and those of the students. There needn’t be. But there usually is. Sometimes there is even a lot of trickery involved.
Acquiring an associate’s or bachelor’s degree requires a lot of time, effort and money. Choose your college and major wisely.