The issue is that most jobs pay too little. College is not a reasonable way to achieve income equality. You can graduate as many people as you like, it doesn't create more jobs (this is how majors get a track record...by controlling the number of people who apply).
But, and here's the kicker, there are a lot of people who lump all college degrees together, either mentally or in their writing on the topic, and then justify going into debt to get a degree based on that. "Go to college" is not that easy to swap out with "go to college in one of the majors with a track record of leading to a good career", not least because there are numerous colleges (Fine Arts, some parts of Liberal Arts, etc.) where if that were the way people thought, that college would shrink to half its current size or less.
Which, maybe is what needs to happen, or maybe we need to find another way for society to fund people who study those topics (my preference), but either way it's not what's happening now, and those closest to the university system are generally the ones most hostile to the idea of looking plainly at the facts about the current situation.
Hmm, it's a good point that having a four year head start would help balance things. However, I think in the long run things would probably workout in the favor of the person that went to college. Especially in the higher paying majors such as business, CS, and engineering.
Being a barista is a reasonable job for a 14-year-old. Adults shouldn't be taking jobs from teens.
A low-wage manufacturing job can lead to high-wage automation and tooling maintenance and eventually design positions, or shop steward, training or mentoring.
And “learn to code” should be a basic school curriculum topic! It is well, frankly, disgusting that such a universally powerful, useful and accessible skill has been withheld from the vast majority of students, and now made almost into an “epithet” meaning disrespect toward lower-skilled people. I don’t know any job, no matter how menial, that couldn’t be improved by some automation of it’s most repetitive book-keeping tasks.