College is a good investment for society, period. The problem is we've started thinking of it as job training and made it ridiculously expensive.
Yes from an educational perspective. Unfortunately, in the USA college is very expensive and is now considered more as a financial investment rather than a stage of enlightenment and maturation. Anyone who goes to college and blows 100k on a philosophy degree is not wise. Yes, there are successful people that have attained such degrees but the average middle class person shouldn't be going to college to get a philosophy degree due to the meager ROI.My opinions stand for America, do not know the impact on society schools have in other countries.