How does anyone expect high school graduates to make responsible decisions regarding loans and choice of major when the overwhelming majority of his grads exit

How does anyone expect high school graduates to make responsible decisions regarding loans and choice of major when the overwhelming majority of his grads exit highschool financially illiterate, with the nonsensical idea that any college degree is good enough? How many times have you heard the expression "do what you love, and the money will come?" The culture in the U.S. is in dire need of a return to merit, as well as drastic changes to our education system; and, no, the answer is not more funding. Also I believe that government aid should be restricted to degrees with a minimum relative ROI. Education for the sake of culture is no longer useful when you have an increasingly incompetent workforce.