<prompt> Human: So first a little background...I have a bachelors degree from a good big 10 university.I have my masters of science as well.I am currently in healthcare and make a good salary. My wife is an attorney.So between the two of us we have completed a lot of education that has gotten us to the point where we are.That being said I am becoming more and more skeptical about the entire higher education system in this country. When I graduated with bachelors in 2005 the whole thing cost me about 40,000. This price has now skyrocketed to 120,000, mind you these are in state prices.Going to college and getting a bachelors degree for 120,000 these days in all honestly seems like just a poor investment. I dont feel as though you get a good return on your investment. So many people these days have bachelors degrees and still have such a hard time finding good paying jobs. Lately I have been reading some of these threads that just make me nauseous...including one person who failed out of med school and is 500,000 in debt.We are just in the beginning of starting our family and have two young children. I have opened up 529s and UTMA accounts should they want to go to college, yet at the same time it just seems so absurd with the way that tuition is exponentially rising. If there isnt some sort of bubble burst by the time my kids are college age it will be half a million dollars for a bachelors degree.This whole notion that everyone has to go to college just seems so f--ked. Am I just not thinking this through right? I know that I wouldnt have had the successes I had without my degrees...but at this point I dont even know if I could recommend for my kids to go to college.Can anyone else relate to me here?  <response>: The degree you choose will have a HUGE impact on your future salary and repayment options. For example, getting a STEM degree from Harvey Mudd is a most excellent investment. A fine arts degree from NYU? Not so much return on your very expensive education... 