A college education is worth it to you if money is not an issue. But for many, the answer to the question is personal, dependent on whether you have to borrow money, dependent on what you study and get a degree in, and dependent on whether you can get a job after graduation that pays enough to repay loans, enjoy life and provide for your family without undue financial stress.
If money is no problem and student loans aren’t needed, go ahead – enrich yourself. Study what you like for as long as you like.
On the other hand if you have to borrow money, approach your college education as an investment. In today’s economy getting a college degree is no longer a guarantee of getting a job or a higher income. Ask any of the millions of unemployed or underemployed graduates. They will tell you that before making the investment, study your options and consider how much you are willing to invest in educating yourself. They will advise you to think carefully about which school to attend and what degree to pursue. Research what the likely return on your investment will be in terms of job opportunities and income ranges after you graduate.