I think getting four years of head-start would make up for it a lot. Plus, not everybody is suited to the career focused college degrees and not everybody should be in them.
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.