Comment Re:Well, duh (Score 1) 62
The U.S. absolutely does have too many people going to college or getting degrees that won't help them. If this weren't the case there wouldn't be a massive student debt crisis because the degrees would be paying for themselves. Most degrees still do, at least engineering or technology degrees. The multitude of people getting art history degrees and trying to get one of a very small number of positions in those fields, not so much. Unless you're at the top of the class or well connected (or probably both) then the odds of that degree doing anything other than saddling you with debt is a dubious prospect. But instead of telling anyone the reality of that the colleges will gladly let you drown yourself in debt.
The idea that college is a magic wand that can waved to solve all of society's ills is naive. It won't even necessarily make people happier. I've known several people (mostly Indian) who were essentially forced to get an engineering degree (or a medical degree) who have good jobs, but aren't happy. It's easy to understand why their parents who often grew up exceptionally poor made those decisions, but even if you decided to limit admissions or shift what's funded to align with what's actually beneficial to society, not everyone is going to make the shift. The people who really do want to study art history, philosophy, theater, etc. aren't suddenly going to want to change to mechanical engineers or programmers.