You still can get a job in IT without degree. I was always intentionally hiring people without degree and without any university, because they are not spoiled.
I have MA in macroeconomics. After high school I worked with hands (in fact with legs as a messenger). Then I went to university because of FOMO and social convention. Looking backwards it was lost time and pure cowardice. I rightfully suffered between students, who cared only about title and well paid jobs, and bored teachers, who already had their well paid jobs. If this was not enough I was indoctrinated by shallow right wing ideology, which neither helps to understand reality nor is able to produce money (theory of effective markets is bigger evil than Marx's capital).
Between BA and MA I jumped from high building, which was easier by the time than simply stopping attending the brainwashing.
University is just brainwashing, which is hidden to many lucky people who do not go there. The people skills and routines were already formed much sooner. University can only destroy that if it is not challenging enough. I respect that universities must exist, so the majority of young people are indoctrinated, so they became the good citizens and taxpayers that share the same ideas.
But from individual standpoint it is a bad decision to go there. Especially at young age the highest value is to see the world (not through Erasmus). Maybe makes sense to study later, once one knows what he really wants: e.g. my sysadmin with 5 children at mid 30s is now studying a law school. The title itself gives a fake assurance, which is de facto a stop for thinking out of box.
The value is to learn and see things that are not a common knowledge. Just what the grandpas from GPWA did in 90s.
If you talk to God, you are praying; If God talks to you, you have schizophrenia.