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> Any less wise than sending them to some diploma mill and expecting them to make a successful career out of it once they are saddled with debt?

Come on. Did you even read my comment that you replied to? I said point them "towards a decent but unprestigious state school," that is not "some diploma mill ... [that will leave them] saddled with debt."

> Student loan debt is approaching $2 trillion with over 22 million borrowers. Everybody and his brother has bought a degree which makes one not all that special in the current economy.

What you don't seem to understand that "everybody has it" != no longer needed. It just means that it's table stakes instead of a guarantee of success.