You point is valid in certain contexts. The thing is, wherever the Education is good, go and learn it, and afterwards comeback to India to serve. This will be good.
In the US, they pay for your studies, of course, if you are good. They also spend money. I am not supporting US, but just telling you the happenings.
I haven't done any degree in the US, but planning to do one in the US and come back to India to do something good here.