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If anyone's interested in the topic of liberal education and democracy, I'd recommend "The Closing of the American Mind" by Allan Bloom, in which he decries the problems facing higher education and the possibly of free thought taking place at these institutions.
Bloom, btw, was the student and number one propagator of Leo Strauss' political teachings. Leo Strauss being the man many have blamed for the emergence of Neo-Conservativism in the US, and teacher of many of those behind the "Project for a New American Century" and, arguably from that point, the war in Iraq.
If that doesn't prove the power and importance of liberal art educations ("useless degrees"), I don't know what does.