No, not with all the debt etc. Going to university is supposed to be a privilege, but nowadays it's taken for granted - i.e. only going to "university" to get wasted.
Tbh, in that situation I think they would be better off just finding a job now and working their way up. As like you said OP, it doesn't look like they care about their education.
Imo, I think the prospect of having a university degree is distorted. I.e. I find that some ill-informed people think that by having a university degree, you're guaranteed a good job; which is not true. Skilled people are being laid off, graduates from top-ranking universities can't find jobs or are working at minimum wage etc.
Tbh, I think times have changed - definitely. I find that going to university in a few years, probably decades ago was seen like furthering your education, nowadays it seems even if you get 2 passes or a vocational qualification you can just going to university.
Maybe our perception of university is also distorted. I mean there was an article in a newspaper a few days ago I think that a 2:1 from one uni is not the same as another. Well isn't this common sense? But yet people believe that a 2:1 from a high-ranking university is the same as a lower ranking. Just because they are "universities".
Anyways, going to university is supposed to be furthering your education and gaining something rewarding and useful. Nowadays it seems you can study literally anything at university, and yet people still believe their degree is the same as one another. No it isn't.
Yes there are many opportunities one can get from university, e.g. study abroad, but it seems university is just another time of your life to get wasted and get a degree. No it isn't. This is wrong.
Personally, if someone is in there for the experience, they may as well not go. Universities are supposed to be places of learning. It doesn't seem like it nowadays. I believe universities should be made accessible, but not accessible so that anyone can get in. Labour's predictions of getting 50% of youngsters into universities is just blown out of proportion.
So to answer the question, no it isn't.