Education is still very important to people who value it, and it is only those who value it that are still pursuing it.
It isn't compulsory that everyone must go to school, some persons were not meant to go to school thats why we have handwork and business. Those who are not capable of going to school should consider doing something else. Afterall, wherever that is been done that puts food on your table is work.
I believe the reason Op brought up this topic is simply because of the rate of unemployment in the country, so many person have finished their school, but still find no job, so the ones who had not gone will certainly get discouraged.