What are the advantages to studying Engineering in college?

Studying engineering in undergraduate education has many benefits.
1) Engineering education provides the student with technical / hard skills that make them valuable in the workforce
2) Engineering education teaches students who to think critically, from first principles, to solve complex problems
3) Engineering education teaches students that there may not be one solution to a problem, and the process for arriving at the solution is just as valuable as the solution itself.

Overall, studying Engineering has many benefits both technical and non-technical.  Rather, it teaches students how to think.