Likely he will either
(a) discover an occupation he likes at lot, and perhaps someday become an entrepreneur in that business -- without a college degree;
(b) take a low-paying job like pizza delivery, get sick of it, and decide he wants to go to college after all;
or (c) stay stuck in the low-paying job rut.
Most young people with half a brain eventually do either (a) or (b), thank goodness.
One of FR's favorite and most-posted blogger/columnists, Mark Steyn, never attended college -- indeed he says he "barely made it out of high school."
Here are some Kentucky-based jobs for your son in my field that do not require a college degree and (with training & hard work) pay better than what a physician makes:
http://careers.ameriquest.com/pljb/global_jsp/applicant/SearchAgentMgr/SearchProcess.jsp?pljbHome=/Ameriquest/external/applicant/index.jsp&searchaction=Search
http://jobsearch.monster.com/getjob.asp?JobID=26916453&AVSDM=2005%2D02%2D01+18%3A52%3A14&Logo=1&pg=1&q=loan&lid=439&lid=441&lid=442&lid=28887&sort=dt&vw=b&cy=US&brd=1,1862,1863
http://jobsearch.monster.com/getjob.asp?JobID=26686769&AVSDM=2005%2D02%2D02+09%3A55%3A58&Logo=1&q=loan&lid=439&lid=441&lid=442&lid=28887&sort=dt&vw=b&cy=US&brd=1,1862,1863
http://jobsearch.monster.com/getjob.asp?JobID=22475983&AVSDM=2005%2D02%2D28+09%3A26%3A49&Logo=1&q=loan&lid=439&lid=441&lid=442&lid=28887&sort=dt&vw=b&cy=US&brd=1,1862,1863
http://www.jobsearch.org/seeker/jobsearch/quick?action=JobSearchViewJob&JobSearch_JobId=17209612&JobSearchType=JobSearch