[stale2002]

Well if that is the case, and the degree doesn't matter, then the government has no reason to subsidize 200k college degrees.

Just provide free community college to everyone for a 10th the price and call it a day.

[nickik]

Why should the provide anything if the argument is true.

If anything this argument would suggest that you should have a private system of education and the government should spend all this money on research grants for things that are interesting, and/or useful.