As competition pressures more and more young adults to study in universities,
we have to wonder
to what extent this is worth the expense for society.
One good thing college courses can give people is the ability to think
critically about political questions and arguments. I think that is a very important contribution -- look at all the people who believe in homeopathy, or
in demonizing the poor.
There is pressure on colleges to turn into professional schools, which
means they do less to teach critical thinking. On the other hand, to
the extent that colleges do professional training, at least we know
what jobs they enable people to do.
It is possible that the competitive pressure results because there is
not enough work that society will pay people to do to keep everyone
busy from age 18, and this generates pressure to keep many people busy
as students until age 20 or 22.