I’d put this into the ‘it depends’ bin.
I went to a private school for my bachelor (history). I’m in sales. Largely a waste of time and money, but it was expected of me, I wasn’t paying, and I was not a self-starter at 18, lol.
Fast forward to my teenagers. One wants to be a lawyer, one a vet. Ok, you do need degrees for those……BUT, they are dual-enrolling while in HS, rest of their associates at a community college, and then state schools. Assuming they don’t decide going to school forever is a drag.