Is getting a College Education above everything else always the right choice ?

There have been a few teen actors that have chosen to leave a lucrative profession: show business or a TV show to enroll in college and pursue a college education full time,,,,,
*perfect example:Lecy Goranson from Roseanne & Jonathan Taylor Thomas from Home Improvement,,,,at present time both financially struggling and trying to earn an income by any means available.

Years ago,a classmate of my brother,was offered to play professional baseball in Japan,right out of HS but his mother was set against it and talked him out of it as she demanded for him to attend college and get an education.
While in college studying for his bachelor’s degree,he blew out his knee while water skiing,gained 40 lbs.Presently,he’s mid-management in a dead end job,up to his neck in debt and all he has; is the thought of what could’ve been !!

Yes,to forgo financial gain and get an education sounds admirable and the right thing to do but is it always the right choice ?