Man, do I agree with Ramesh in Time. One quote from his piece of the above title:
We could probably increase the number of high school seniors who are ready to go to college — and likely to make it to graduation — if we made the K-12 system more academically rigorous. But let's face it: college isn't for everyone, especially if it takes the form of four years of going to classes on a campus.
To talk about college this way may sound élitist. It may even sound philistine, since the purpose of a liberal-arts education is to produce well-rounded citizens rather than productive workers. But perhaps it is more foolishly élitist to think that going to school until age 22 is necessary to being well-rounded, or to tell millions of kids that their future depends on performing a task that only a minority of them can actually accomplish.
The good news is that there have never been more alternatives to the traditional college.