It is what you make of it. Of course more driven individuals are going to do better, I'm agreeing that it doesn't guarantee you anything but you are crazy if you don't think a college education doesn't offer you more opportunity.
Part of it is what you major in. No offense to those who majored in these but criminal justice, psychology, exercise science and the like don't do shit for you in the real world unless you want to get get into that line of work. If you major in business, accounting, biology, etc. you are going to have more pull when looking for a job.
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