NotSo - you can cope with arguments, trust me I'm sure your kids will agree with me!
Seriously, I take issure with your politics and economics comment in particular. That degree in itself eqipped me with the most beneficial skills I could possibly have for any type of work at all. In my position (just out of univerisity) I am in no bad position whatsoever, since BA are not recruiting, and it is costing me no seniority whatsoever - many recruited while I wa at uni were over graduation age. So it may be that I am simply a lucky person at the right time, but take a look at the pages the BA courses produced on the internet - the people recruited either had degees or were experienced in the world of work and looking for a career change (sponsorship I mean)
Uni and flying did work for me - being a UAS member and in my final year a paying member of a flying club when I decided RAF wa not for me.
I am now equipped with an education that means that I can understand what sort of business situation BA is in at the moment, I had great fun at uni, I got a very good degree from the third oldest univeristy in England, and quite frankly believe I am in a better position because of it.
My account is only proof that you should listen to neither mine nor NotSoFantasic's advice in itself, but follow the route that is best sutied to YOU. Because in actual fact we are both right for different people.