I agree with you that everyone shouldn't have to work the sorts of jobs that require a degree. However, as long as college is the most effective way to a better job, I think that people are going to keep preferring to go to college.

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.