Ohh lucky him! What does he want to major in?Know what you want out of a college degree before investing in it.
Where I work every Director, Vice President, President and CEO have a degree. I currently have someone working for me that cannot be promoted to the next level because of the lack of a degree. This person is not happy and will probably quit, especially when we just hired someone that just got out of college making $20K more. Doing the same thing!
It's not just about the money but where you want to be in life. I truely believe most people want to climb the ladder of success and I can't see how it can be done without formal education when companies require it. Again, know what you want.
On a side note, my son graduated from high school today and will be attending UCLA next month. I'm paying.
My parents and I looked at the tuition for UCLA and by the time I am done with four years it will cost almost as much as the first house my parents ever bought. $120,000.