Is Higher Education Dead?

It seems that in the recent years the idea of getting a college degree is becoming more and more pointless. The majority of people now days (that you hear about anyway) who are making the big money out there are not college graduates. They tend to be entrepreneurs starting their own businesses and growing them themselves. With so much information now readily available at our fingertips when we need it, are we actually getting anything worthwhile out of a college education? Or is it nothing more than a huge student loan hanging over our heads? What do you think...?