from reading this thread, i guess i'll share my views on this as well
at this moment i'm finishing up my second year of college, and quite honestly while some people i know think that i'm set for life once i graduate, i'm really just scared as hell right now. the reason is that in my almost 20 years of living, i've never held a legitmate job, and right now i'm just applying to places left and right, hoping someone could consider me for ANYTHING. it's something i'm doing, not just so i could earn my own money, but mostly it's for getting the experience of actually working, because i know that if i have none by graduation time, i'm pretty screwed when finding work. this goes back to what Pete and Freebase said, just because you have a degree in hand doesn't instantly qualify you for a job, experience is important for many things and just because you studied a textbook for 4 years doesn't necessarily translate into being able to put those studied skills to use. many employers know this, and they also know that there's kids who really just messed around for four years for that "college experience" and just walk in expecting to get paid in something that they're not realistically ready to do.
as for when you should go to college, i say it's better to go when you are really sure you know what you want to do, but there's still the possibility of switching majors when you find what you really want early or in the middle of your education (like i did
). yes, it can definately be harder going later in life than just after HS, but it's not impossible. i have two aunts who both went to college after doing jobs their whole lives that required less than a degree. they're both in their mid to late 30s with two children each, and they both still graduated with their respective degrees, one in Psychology, and the other from Medical School. before they did that they weren't too sure what they wanted to do with their lives, and instead of just going with the flow when it came time where most kids after high school went to college, they both worked various jobs over the years until they were sure what they really wanted to do. even if it did take longer for them to find what they really wanted to do, in the end they are both happy that they didn't just throw away money and time picking majors they didn't have much interest in. it's like mojopinuk said, in the longrun, taking the time, knowing what you want in life and not just diving into whatever right away can work out better both financially and in terms of building yourself a future.
and that other statement about the experience of learning in college being good in itself, i can understand that sentiment, and to a certain extent i agree. hell, i switched out of architecture, but i don't regret going through it at all, it taught me not **** around on my work and it helped me GREATLY organization-wise. still, when you need money to live, just saying "oh well, at least i learned alot" isn't gonna put food on your plate.