This article does a good job of mixing statistics (30% of US adults have four-year degrees, which lags behind 14 other countries) with concrete anecdotes about young people that have or haven't gone to college.
I'm a big proponent of education. As long as you're smart about what you're getting into, I think that the time, money, and effort invested in education will always benefit you. The article does a good job of describing the situation. In this blog I like to offer ideas on how to improve the situation.
From my own experience, I saw that there are substantial pros and cons to what kind of school a person attends. I've written previous posts about how to choose what to study. In this post I want to focus on WHERE to study.