How valuable is a college degree?

Of course it depends on the degree and the college, but this article talks about the common sense of supply and demand:

Barton turns statistical conventions on their head by counting the number of college-educated workers in jobs that do not require such degrees. He found that 60 percent of people in existing jobs have “some college” or post-secondary credential — yet only one in three jobs requires that level of education.

The comments are all over the place, too, with some people making perfect sense and others showing themselves to be education snobs.

It's so simple that only mushy-headed education jerks don't see it. The world is always going to need electricians, plumbers, and such. Also, if everyone has a psychology degree, though, obviously they can't all be psychologists!