... My personal experience was, I had very little time, and therefore got very little out of the "overall" college experience (elective courses, college life, etc.) I worked a full time job during school and 80+ hours every week in the summers to get through college, and therefore anything that wasn't an efficient use of my time, was mostly a frustration, and not something I could be involved in, even if I wanted to. Additionally, had I left school and had trouble finding a job with my tens of thousands of dollars of loan debt...I would have been none too pleased. Fortunately I made a choice to pursue something that pretty much makes me "very" flexible and able to find a job, in almost any type of economy.
The vast majority of people don't end up this way, and this is most definitely a fault of the educational system itself. I see this every day, teachers, guidance counselors, administrators telling students "oh yeah, just go to college and see what you like, and take a broad range of things, and find out who you are" meanwhile 50%+ of these students don't make it through the 4 years and/or do, and come out and get the same job they could have gotten with no degree ...The worst part is, most of the students I see will have to work while going to school, will have to put themselves in debt to get through the whole process, and the people advising think nothing of this because they either a) didn't have to pay for school themselves or get much in loans or b) there is no accountability/visibility whatsoever once the student leaves the door and the administration has been able to check off some box that "such and such percentage is college bound".