There are a lot of millionaires who are plumbers, realtors, developers, ambulance chasers, etc. Good for them.
There are also lots of millionaires who are interventional radiologists, CEOs, CFOs, investment bankers, partners in law firms. Most of these folks who I know do have Ivy level degrees.
If you are a smart kid which pool do you want to come out of?
There’s nothing wrong with having a middle-class lifestyle with your kids just as there’s nothing wrong with being a Harvard Law grad who would like to be a Supreme Court clerk.