There are several issues.
First the cost of higher education is exorbitant. If it weren’t for the blessing of a partner with a home to sell, I’d still have my student loans from a BS and MA while I’m preparing my youngest to have the same burden. You can’t get enough means sometimes to live within your means.
Second, I don’t buy that every job requires a four-year degree. My day care worker didn’t need to analyze Pope or Shakespeare to change my child’s diapers; my garbage collector doesn’t need geometry, statistics, or integral calculus to get my trash to a landfill or incinerator.
We have to get better as a culture about identifying children’s interests young enough to give them what they need before they leave high school unless they’re looking at being doctors, lawyers, teachers, scientific researchers…