Absolutely, a lot of people think that school doesn't worth it. If I will answer your first question, I will said a capital "Yes" the reason is because of the failure of the educational system, there are countless graduates on the ground that could not secure a better job. They will spend a huge amount of money on schooling, they will study very hard to get a better results, and graduate with good grade. But at the end of the day they will not be able to secure a better job. After all their hard work, efforts, time, dedication and money spent, they all go in vain. This is so disappointing and it makes a lot of people lost their belive in the statement "Education is the key". That is why they prefer skills over education.
In most cases, it is the strategy of the graduate how he can find a better job or at least earn a decent income. The job won't come after them but they need to find a way how to get out of their comfort zone and use their expertise to look for a decent employment. If he has the means, he can always venture in a business.