The debate over whether a college education is worth it may have begun when the colonists arrived from Europe and founded "New College" (later renamed Harvard University) in 1636. With 19.9 million US college students in 2013 and average student debt at over $26,500, the debate continues today.
People who argue that college is worth it contend that college graduates have higher employment rates, bigger salaries, and more work benefits than high school graduates. They say college graduates also have better interpersonal skills, live longer, have healthier children, and have proven their ability to achieve a major milestone.
People who argue that college is not worth it contend that the debt from college loans is too high and delays graduates from saving for retirement, buying a house, or getting married. They say many successful people never graduated from college and that many jobs, especially trades jobs, do not require college degrees.

It depends on the course really. Certain courses are worthless, others invaluable.
The debt can be a long term issue, but some nations (mine included) have that cost met by the government, so I am not in debt.