Good let them work in the real world. That is where you get a real education.
Exactly how do you propose you get a real world job that is half way decent without an education.
that they will probably default on
I assume you have studies to back up this claim /sarcasm
Why don't you go ask Bill Gates. Harvard drop out. Yes he is the most prominent college drop out, but there are millions of people who have become successful without going to college.
Your above italicized post is a fallacy and propaganda for the educational(leftist) establishment.