I agree for the most part. Undergraduate degrees are mandatory for medicine, licensed engineering, and law, and those who want to enter academia in science or the social sciences. However, unless you plan to get a masters or doctorate in biology, psychology, sociology, or any other liberal arts field, you are going to find a hard time getting an extremely lucrative job. Is it worth the debt if your income won't be that much better? I am not quite sure. What I will say is I wouldn't drop $50,000 at a private school for a bachelors degree in the liberal arts unless I was going to get a masters or doctorate. If employers just want you to get any bachelors degree, then start at community college for the first four semesters for an associates degree and transfer to a state school to get your bachelors degree. This will minimize your debts but not all your credits might transfer so you need to plan out your credits based on what your desired bachelors program accepts. Or you can go to a trade school and skip college. If the goal is to maximize your income potential, it doesn't make sense to go $200,000 in debt for a bachelors degree in the liberal arts when you could go $20,000 in debt with a higher GPA starting at a community college and get the same degree.