The statistics seem overwhelming that a college education has many benefits. Some of the benefits may be an increase your earning power, ability to get a job, and job retention. These all seem to be very good reasons for a college education to be valuable. However, none of these benefits will mean much unless the person receiving the education values it. I guess here would be a good place to add my definition of value. To me value is not monetary, but rather the importance you place on your education.
If you are going to college because your parents want you to go you are probably not going to value your education. It will be an obligation that is grudgingly fulfilled. You could have attended the most prestigious Ivy League school and you still won't value the education you received. There is also the possibility that you receive a low quality education due to your own lack of interest. Again you will place no value on this education.
Another value could be placed on what you are learning. Let's say that you want to learn more about auto mechanics. If you were to attend a four year college for a Bachelors in Liberal Arts, you are not going to value what you learned to the same degree as you would have valued what you learned going to a two year trade school. You have no interest in learning the majority of the things you are required to take to earn your degree. Therefore, you will probably not place a great deal of value on your education.
Here is where the monetary value can seem false. If you were to take your BA degree...