Glad I at least read one post here, and it happened to be yours, else I would have repeated the same sentiment.

I've got mixed feelings on this one, because part of me thinks just having a high school diploma (or its equivalent in other countries) is still an impediment to getting a decent job even if it's not in whatever field you studied in college had you gone to college.  The other part sympathizes with people wrestling with this very question because of sheer economics, i.e., it's too damn expensive these days to take out loans for a higher education--especially if you don't know what it is you want to do for a career.

And the thing is that there are so many subjects one can major in--really interesting, fascinating ones, too--but they're never going to do anything for anyone aside from proving they attended university.  In particular, I'm talking about liberal arts majors.  That includes everything from psychology to physics.  Unless you go on to graduate school (which is more money and more time out of your life), forget about actually doing something in your major that's anything more than being a technician bringing home a lousy paycheck.

As mindrust pointed out, there are majors that pay off right after graduation.  Nursing, engineering, physical therapy, pharmacy, and a bunch of others that are worth taking out loans for.  Everything else?  Well, if you can afford it I'd say go for it.  If not, I'd say not everyone needs to go to college.