Well if you are thinking it will make someone loyal to the government you are wrong there.
No, but it makes them think that government can solve their problems. That's why people today are still willing to put their money into a system that may give them a 1-2% return on their investment. At some point in the future that these people don't get to decide, if the government feels like it. It's why class-warfare is still so effective, and it's why people know so little about how the economy works.

Anyways the immigrants did that over several lifetimes.
While some of them did indeed build 'family empires' over several generations, the vast majority become successful in this lifetime. The idea that you can't succeed unless you're lucky, or you were gifted with some extraordinary ability, is absolutely false--and thousands of people every day prove it so, to their own and our country's benefit.

was glancing over some values in a sociology book I had(i will have to look them up, I'll post them when I find them.. when I get around to it) but it showed quite obviousally that many people with college degree's are still poor... so obviousally education alone won't pull you out.
What were these degrees in? If you go to college so you can have a degree in Native American Tribal Art, then while Native American tribal art may indeed be cool, you have nobody but yourself to blame if it's hard for you to find a job. Marketable skills aren't something you're born with--you either make the effort to learn them, or you don't. If you do, then you have something to offer an employer and in turn can demand higher pay or other perks. If you don't, then there's no reason an employer should hire you.

And another thing--the 40-hour work-week is for losers. Literally--if you refuse to work more than 40 hours in a week, you will 'lose out' in life, and again, you'll have no one to blame but yourself; 50-60 hours a week is a minimum if you intend to be wildly or even comfortably wealthy. And if you can't spare more than 40 hours a week to support yourself and your family, then I have no sympathy for you at all.