First, I am not giving other people's money away. I consider myself in that group of fortunate's as well. When the day of reckoning happens I am going to get caught along with everyone else in the upper class. Am I happy about it? No, but I also feel empathy for those who have less than me and who are not as lucky as I have been. Are we a better country when multitudes live on the streets and shut out of opportunity?
http://www.businessinsider.com/how-college-impacts-earning-potential-2014-10
The most effective way up the economic ladder to achieve the "American Dream" is with a 4 year college degree or higher.
I'm as big of a believer in higher education as the next guy, but would you agree that the more people that have a 4 year degree, the less valuable (from a commodity perspective) it becomes?
Perhaps this is a bad example (this is not my field), but 30 years ago, a common path to being a hotel manager did not include going to college. A HRIM degree might get you to that goal quicker over the years, but if employers are looking for that degree, you now have to go to school for 4 years to do a job that you didn't used to need a degree for.