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University vs apprenticeship

My plans currently right now are to go to university and do a degree in electronic engineering ( I'm from Scotland so uni is free and won't be taking student loans).

A few of my friends are doing apprenticeships right now and right now financially they are doing better than me ( my mate just bought a BMW at 18) and I'm just working my job in retail earning about 1/3 of his salary. So my question is this in 10 years time if I continue with going to university, does my degree allow me too high earning positions rather than going through an apprenticeship. I know it's not all about money but I would like to know.