A lot of academia is bullshit, and it isn't always driven by snobbery, just naïveté. But in the light of massive and increasing financial inequality, nerds and academics are NOT the problem. The corporate CEO or jock lawyer who is sucking up all the money is very likely to be a sports fan like everyone else.
Tuition in America is crazy, which is bad for social mobility, I agree, but professors and scientists are less than 2% of the top One Percent. They are completely swamped in numerical terms by the non-geeky categories of executives, medical, finance and law:
http://www.forbes.com/sites/timworstall/2011/12/28/who-actua...