I know most of you are going to say "no", but would you go to school/college, if you had the choice not to? I would, unless I wanted to be a garbage man, yep, I think I I would go to school/college.
Yeah, college is so beneficial for things later in life, the first has been already stated, staying employed.
I've seen how well it can prepare people for life, giving them valuable skills, knowledge, teach them how to interact with others, yeah, it can only be beneficial.
As for finances, student loans are fairly cheap for interest and you don't have to go to Yale or Brown, you can go to a state university instead. This saves finances and most people will find that the investment in college helps them in the future.
