I can't really say that I am steering my kids toward college. Truth is, unless you are heading into a college education to get an engineering or hard science degree, I really can't see any use in the exercise.
Most college degrees lead to a job pushing paper. There is nothing being made, you just become one of the parasitic middle managers or drones that are documented so well in the comic strip "Dilbert". For my time, and for the world that I grew up in, being a salaryman was a good thing. I think that if you tried to do this in the future, you will be dying on the vine slowly.
The middle managers and the petty bureaucrats are the "add-extras" of our society. Layers of do-nothing that allow the upper managers their personal fiefdoms. The functions that these odd critters provide are ancillary at best, counterproductive at worst.
We are entering a stripped down world. As the greater depression continues (no, there wasn't a recovery, it can't be a double-dip when we haven't crawled out of the first dip yet) the businesses will cut the excess. I think that we haven't seen unemployment until the excess is squeezed out of the workforce and the government payroll.
But the days of MBA and the overfocused crap of American corporate life is going to be screeching to a halt soon. One thing that I will be telling them over and over again is that they will have to be able to make something or provide a service. Being a cog in a big corporations machine is a good way to die slowly.