Plenty of blue collar workers make more than white collar ones, and have a huge debt free head start in life.
A plumber or electrician will make significantly more than the average bank employee or translator or nurse or teacher.
And they will also have an easier time starting a business as many trade workers are self employed and make much more than hired ones.
Financially, intellectually, socially, it’s a good idea - college is a formative period of life in American culture. That is more and more true the better the college gets. At the upper tier (Ivy League, etc.) you don’t really have to pay anything if your family isn’t already wealthy, and the connections and degree you’ll make more than pay for themselves.