Even for useless degrees, liberal arts, etc., you're not paying for just knowledge as much as you are the entire experience of college. This isn't a bad thing considering concrete life experiences, relating to educational subjects of not, almost always outweighs raw knowledge in terms of importance to life and career.
The video does have a point though, the real problem is the whole No Child Left Behind. They are funneling idiots into colleges, which is what causes these problems. Higher educations is an excellent place for people who want to learn, but idiots will not succeed no matter where they are thrown. It's pretty harmful to have such a system in place for the majority of a child's life when the real world is so raw and animalistically survival of the fittest.
--
_foolmo_
[NO BARKLEY NO PEACE]