[compiler-guy]

The data do not support the claim that "The cost of tuition is simply far too high for the real value...."

From the article:

"People with bachelor’s degrees earn 56 percent more, on average, than people with only high-school educations, according to the Federal Reserve Bank of New York."

I have seen many variants of this number, but all are in this same ballpark result. People who get bachelor's degrees make a lot more than those without.

Over the course of a lifetime, that really adds up.

[ams6110]

I don't think this tells the full story.

There are of course examples of individuals who do very well without a post-high-school degree.

A big part of it, in my view, is how driven the person is. Some people are not very driven. If you're not driven enough to go to (and get through) college, you're probably not driven enough to do much more than low-skill, low-paid work. So taking for argument's sake that statistic is true, it doesn't say anything about cause and effect.

If you're driven to succeed, you'll find a route to success, whether it's college, military, vocational/trade school, self-teaching, or other non-traditional paths.

[randomdata]

Be careful with that. "People with bachelor's degrees earn 56% more" does not say the same thing as "People who get a bachelor's degree will earn 56% more." The first is undoubtedly true, but I'm not sure the data supports the latter statement. Incomes have not been rising with increasing college attainment rates. Incomes are quite stagnant.