I hated college when I was there. Sure there were fun parts, but there was also loads more pressure and a much greater opportunity to fail than I had experienced in high school. However, now that I'm pushing 40, I look back at college with a sense of fondness, thinking how much easier life was without a mortgage, two kids and the incredible cost of health insurance.
As a result, I think that most people look back at college and consider the money well spent because it was money spent pushing off the pressures of adulthood. So while the college education might not be worth the money, the college experience often is.