N=1 anecdata, I'm 26, net worth of ~$10M, barely finished high school. Avoided University on purpose because spending 4 years not working in tech seemed really expensive opportunity cost wise. Was the right choice. Can't be a doctor without going to college, but you can get rich.
I don't even understand why is there any confusion about it. College is a competitive tool. With share of people with a degree rising from 4% to 33% (and fewer than 33% have ANY net worth), how can it be otherwise? Having a college degree 60 years ago meant being a member of the elite. Now it means nothing. Except a pile of debt.