College is mostly (but notice I do not say entirely) a form of pampered post-highschool luxury resort living for American kids. Only a very small part of what y

College is mostly (but notice I do not say entirely) a form of pampered post-highschool luxury resort living for American kids. Only a very small part of what you get out of it is so-called education, and a large portion of what you pay them does not go towards just paying to impart that education to you. I think it is heading for a collapse, or at least a serious adjustment as new competition arises, especially in the form of all-online, or mostly-online-enabled education initiatives. If I were to simplify and distill down to it's core what having a degree means, to employers, it means that said degree-holder knows X, Y and Z, has applied that knowledge and accomplished some things with it, an external party has confirmed to the truthfulness of this, and said party are themselves trustable. Ie, they passed a test(s) by a trusted test-giver. This is clearly a generalization but that is the essence of it, and you can deliver that service much faster and cheaper today than ever before in history.