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On the macro societal level, sbufid is right ... not giving a youth the appropriate career/vocation for a young person to fill an occupational need in country is not good. But on an individual level, you never know, someone could go through University for basket weaving and come out and be successful in a totally different career because he/she learned the art of learning, has good relational IQ, and can transfer skills.
The alternative is you have a country which filters you at age 16 with aptitiude tests and categorize you as trade or University level potential and relegate you to that. That's called China. No or little student debt, State subsidized higher education.
Which of the two do you prefer?
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