I have a Masters degree and a bachelors in Communications, so I am doubly dumb. I am employed and happy with it (and it was because of award-winning work, not my diploma). Others aren't so lucky and I have still 26K in loans to pay off. In hindsight, I wouldn't have got my Masters and maybe even my bachelors as my trade doesn't really require it.
Those that defend college do not understand that there's no selectivity. If everyone has a degree, what is its worth? America seems more than happy to stand idly by while Tuition increases spike. For instance, the final year of my Masters program in 2013, Tuition was 13K/year. It is now over 35K/yr for the same education.
Just rubs me the wrong way.