> I've honestly never heard anyone say that outside of movies and tv.
I think that's part of the problem: Most of the people I'm talking to aren't doing a serious pro/con or staking out their future earnings based on their majors[1], or doing a serious evaluation of whether or not they come from a background that can afford such a posh take. Yet they are still repeating things they've essentially heard on movies and TV, probably to their detriment.
> most people are going to college nowadays for a better career, not to be a renaissance man/woman
I think you may be too optimistic or personally realistic when others are not so. It is much worse: Most people are going because movies/TV/peer pressure tell them they should go. They might say they're doing it for a better career, but they haven't thought that far ahead, not really. If they had, total US student debt would look very different.
[1] Lots of psych and communications. The people I talked to who are doing serious "is this worth it" calculations are doing nursing, or when I was in an engineering school, obviously that.