Moser, Sir Claus
On the Princeton website there is a report from a recent graduate that mentions Moser's quote and goes into detail about it. It is specifically stated in this statement. "Professor Moser was a statistician, and this suggests we should analyze his declaration more rigorously. Education may be better than ignorance, but the real question is whether a [Princeton] education which carries an annual price tag higher than my salary next year is better than the differential in ignorance one might acquire by attending another school."
Given the importance of a college education in today's world, Moser's quote states the obvious. To be able to get ahead in life and have a good career, one must attend and graduate from a secondary educational institute. College is very expensive and it takes a lot of time, but it's completely worth it in the long run.
Government is finally realizing that people need college degrees and because of this they are offering more and more financial aid and grants for people to be able to attend college.
Ignorance means you choose the life you live. You can choose to not continue your education, but when it comes time to settle into a career it may be almost impossible to find a job that has a salary that you would be able to live off of. It's a proven fact that people who have degrees are paid more money overall. Your dreams are what you make of them. If college is something you aspire to, then you should make every attempt to be able to attend college.