This is quickly turning into a Warpspace discussion, but I agree with Eben in regards to the value of degrees in today's America. My history degree is an albatross that I wish I had never gone for. I wish I had gone right into the work force at 18 instead of going to school.
Of course, a lot of the value I got out of college made me a better person and more rounded all around, but the ROI was terrible. I just wish it hadn't been essentially required as the next step in life post HS.