Quote:
Originally Posted by StealthRabbit
One also needs to consider "What is an educated populace?"
USA certainly does not have an educated electorate, or politicians educated and qualified to hold office. (But advertising works pretty well)
Colleges don't seem be 'educating' for responsible citizenry, careers, financial skills.
Colleges didn't educate for the vast number of entrepreneurs who choose to drop out of college, and get on with being successful.
Colleges don't seem to be improving the academic level of our USA K-12.
so... it's just possible... that 'college' (in the USA) does not equal and educated populace. 
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Educational opportunities are there for those who seek them. My kids both were able to take advantage of college credit classes while they were in HS. One has already graduated college early and the other will be graduating early, too.
Parents need to teach their kids to be responsible citizens and they should also be teaching their kids how to budget and other basic financial skills. Many school districts now include a personal finance class as a graduation requirement but that really needs to be backed up at home with life lessons - allowances, odd jobs, summer jobs, PT jobs after school, a savings account, etc.
As a person who dropped out of college and never completed my degree I can tell you that not having a degree limits you. You might have lots of work experience but you may not be eligible for a promotion to a certain position unless you have a college degree. I ran into that sort of thing when I was working full time.
My recent college graduate had doors open for him once he obtained his degree. His college education also prepared him to study and achieve the additional certifications needed in his line of work.
And if he winds up hating his office job, he still has the option of going to trade school if that's what he wants to do. The more options you have, the better in my opinion.