'If people want to go out and get a master's degree in history and then cut down trees for a living, that's fine. But I don't think the public should be subsidizing it.'"
People don't generally want to do that. People generally want a decent wage so they can provide for their family, eventually buy a house, have health insurance so they lose everything they've worked for (or lose a family member) because you can't afford medical care, and they want to retire some day. Getting an education was a good way to accomplish that once upon a time but globalization and competing with emerging economies means we'll ultimately need to become accustomed to a lower standard of living.