I strongly disagree. If you judge an education by three factors you can see there are opportunities to receive great ROIs from a college degree.

1) Which degree you receive.

2) Which institution you receive it from.

3) Your total out of pocket expenses for four years. (Tuition + Fees + Living Expenses + Interest - Scholarships - Salaries)

My $55,000 out of pocket degree payed for itself and all opportunity costs in 5 years, and I fully enjoyed my college experience.