If you meant formal education specifically, then yes. There's so much free educational information online that it pretty much obsoletes a lot of college/university courses.

I say only get formal education past high-school if:

* You have trouble learning on your own, without a teacher/professor/instructor in-front of you
* If you want to be a doctor/engineer/architect or whatever path that requires passing board exams
* If you want to socialize and meet people