I don't know. Actually I think more and more a college education is necessary to get a decent job with a decent wage. I can't imagine my grandkids NOT going to college. My parents never finished high school. High school diploma for my generation was a must (college was a plus). But for today's young people, college has become a necessity, even in, and in spite of the bad job market today.
I would rather encourage college than to not.
TIS