"College" needs to be reformed by better ways and ideas. 
Saying graduates get more money is a self fulfilling prophecy, as college graduates in  business make it a policy to only hire graduates. Kind of a cult really.
Sure, you want a well educated surgeon when it comes time for that. But imagine combining law school with undergrad life and getting a law degree in five years, and being allowed to practice for most parts of the field. Imagine combining internet education with apprentice programs for most business needs. Imagine ditching needless college courses for work that is actually useful. 
Heck, imagine reforming High School so that those graduates are really what business needs. 
I graduated HS in the middle of the last century, so maybe I am ignorant, but really, the way out of poverty is a good job, you know, like the ones that business exported to China and Mexico. College works because some jobs have stayed and reward BS. 
I miss Maynard G. Krebs.
Hugh Massengill, Eugene