Not because college is wonderful, but more because you cant get unsecured loans to sit at home and read.
(Also, pet peeve: these conversations often compare highly motivated and indepenhdent people who take the no college route to slackers who attend college.
I never see anyone pointing out the fact that highly motivated and independent people who do opt for college often do much better than they could've without the degree. Often in tippy top status/comp finance, medicine, and tech poaitions.
College doesn't make sense for everyone, but IMO it paradoxically makes the most sense for people who don't need it to enter technical fields like SWE. Because those are the ones who will end up on fast tracks after graduating that would be difficult to get on without the degree)