To help with the pro-/anti college debate: There are basically 3 groups of people:
a) the entrepreneurs - these guys will become very rich. They may or may not go to college/university - it doesn't matter. They still end up owning the rest of us.
b) the terminally stupid - these may or may not go to college/university, but will end up flipping burgers, sweeping restrooms or unemployed.
c) The rest - these guys may or may not go to college/university but those that do tend to be better paid over their lifetime.
So that's how it is - PHB is asking Dilbert to be a liar in Panel #2. He proves it by using the same words in Panel #3. You can't REALLY believe that's a good idea, PHB. Oh, wait, that's the POINT of the Dilbert cartoon, Dummy...