If a person goes to university only to get a diploma, only because this is what parents wants, only because "everyone do that", because he thinks it will grant him a better job, then a person could skip it, because he will waste time. A person must go to university because he understand he needs knowledge, base, experience during practice - because he has already a plan how he wants his future to be. When he knows that for this kind of job he needs that kind of knowledge, then he goes to university for that knowledge. But if he goes to university only to sit on his butt for hours and then go home, then he should not waste time on higher education.
University life is the most important, career-building part of life because it shapes an individual's future. Can we identify our future just by taking admission to university? I think your degree in itself explains the method of your employment and in the majority of cases we identify the future of those individuals by just looking at their degrees. Let's suppose if a person is doing CA, then we have clarity that this guy if completed it, then he goes to an audit field.
But the actual problem is the selection of subject, because many students do not even know which subject is suitable for them which is attached to them from their previous studies, and also it's proving beneficial in the future. In the next step, simply getting admitted and making it to a bank in class does not determine the shape of your future. The conclusion is that students should know their goals in life, then work hard on them.