No mate there are still a lot of people cares about your education since somehow there are people will look at this achievement before they respect you. Also there's a lot of discrimination outside especially if you are not a college graduate. You can't get a high paying job and your position most likely hard to rise. Maybe there are some undergraduate became so rich due to a lot of hustle they do in life. But people should remember that we have different faith and what became effective to other may not work to other people. That's why we or they need to graduate so they have a lot of choices in life.
I don't say that it's meaningless to get a high-quality education. Educated people are very necessary, they improve technology, they invent things and they make our life better. Everyone should definitely study well to become an engineer or doctor. In these fields their education matters very much because uneducated people can't build bridges and hospitals, in this niche it's inevitable to run a business successfully without qualified personnel.
When I say that being a graduate is not a key to being wealthy, I mean that education alone is not enough if you can't promote yourself. Your social skills decide your future too. Do you think HR always chooses the most educated guy when there is a vacancy? If there is a very educated and intellectual man in the room but can't promote himself and sits quietly in the corner, that guy is not going to get recruited. I have also seen many people who lack education but come from rich families or are very sociable and risk takers, which helped them to achieve financially more than what graduated people achieve.