While it's true that not everyone needs a college degree, DH and I strongly encouraged our kids to get one. We've helped both of our kids, as much as we can, to get their bachelor's degrees. We haven't gone into debt to do it, although DD will have some loans to pay off because she went to a private, out of state college. Her loans are nothing like the horror stories you read in the headlines, though, she worked her way through school (some semesters she had three jobs!) and kept her loans--and the need to ask us for help--to a minimum. DS is going part-time, paying as he goes with a little help from us, and will be finished at Christmas this year, with no debt at all. He attended our local community college and now is at one of our local universities, and lives at home.
Now, if they want to go any further with their educations, they know they'll have to pay for it themselves with no more help from us, as we need to focus on our slightly battered retirement funds now.
"When I get a little money, I buy books. And if there is any left, I buy food and clothes." --Erasmus