I do not want to steer this topic off-topic so I will respond only once. I, too, can think of many jobs that require Spanish. However, I will submit that the number of jobs requiring BOTH a college degree and the ability to speak Spanish is vastly less than the current population of college students. Furthermore, I believe a great deal of competition does not exist for a majority of these jobs. Clearly there are exceptions.
With respect to the benefit of speaking a second language, I do not disagree. I take issue with whether that language should be Spanish by default. Why should your college choose for you? I understand the benefit of speaking Spanish in light of the growing Hispanic population but I question whether the benefit will, indeed, be long-term. That, however, is an entirely different topic.