Would you advice a teenager to spend 50k/100k in education or would you advice him to buy bitcoin or alt coin and hold them for 3/5 years?
College is definitely worth it and if you don't want to spend so much money on your education maybe just move to another country. There are plenty of countries with a decent public education system not charging a fortune for degrees.
But even taking out a loan to spend a luxury car on your college degrees can be worth it. The starting salaries after university is much higher than without any higher education.
Also, don't forget the great parties during 4 years of university.