The problem is that college turns out as many fools and idiots as it does well educated people, if not more. But the fools and idiots end up in jobs that are way over paid in the current top heavy corporate environment.
The truth is, one realy big reason hands on blue collar jobs don't pay what they should is that too much is wasted paying mid and upper level management that consists mostly of non essential at best, if not completely useless or worse detrimental positions. And it isn't just people like me who say that (I have two years of college) it's people I worked with who were well educated, holding degrees in engineering and the like.
We have people in this country getting $50K a year and up to "manage" or "supervise" (and I use the term VERY loosely) retail personnel, when they cannot even stock a shelf or run a cash register. Why? Because they have a "degree" in "business management". That is not a rare occurence, it is a VERY common occurence. People like that are worse than non essential. They make the jobs of those below them twice as difficult, and they draw a salary that would pay two more people to run a register or stock a shelf, or wait on a customer. In order to pay an idiot with a degree, a group of people deal with stupidity that makes their job difficult, and a customer pays more for goods and gets poorer service.
I have a daughter in college, pre law to be specific. It is now worse, much worse, than it was when I was there 20 years ago. Never in my life have I seen more useless and baseless drivel written by people so out of touch with reality as I have in looking at some of her course material. Every cycle college becomes further removed from reality. What we have in "acedemia" now for instructors and authors of the books they use is people completely removed from the real world, and instead merely "educated" and insulated from that reality. And it continually gets worse.
We have a nation filled with educated idiots. These people populate mid management level positions and higher, and do NOTHING to contribute to the production of quality goods and services, and in fact most often greatly hinder the same, often to a great degree, and only increase the cost, by drawing a salary for making the cost go up. And yet we sit and wonder why we've lost our edge, why we continue to slip as a world economic power. All because Johnny and Jane got a "degree". One of the greatest obstacles to survival for this country is not the "ignorant" working man who has a high school diploma or a GED instead of a college degree. No, it is the STUPID "educated" person who supervises him simply because he has a BS, MS, or Phd, and cannot find his ASS with both hands and a manual on the subject.