Let's be honest, the skyrocketing cost of college and debt are very real issues, but a $200,000 bill for a bachelor's degree is extremely rare. Your average state university might be a quarter of that, and the cost can go even lower if one starts at a community or junior college and transfers in.
Now, if you're talking $200,000 for a BA plus the cost of a graduate degree like an MS, M.D, PHD, or JD- that's a completely separate issue as those fields are entirely off limits to those without advanced degrees. "good skills" without the degree won't allow you to practice law, medicine, or teach at a university level.
The article summary also concentrates on the argument that "learning to code" doesn't take a four year degree, and perhaps it doesn't- but the american workforce consists of far more than just coders, and its very likely that if said coders want to advance up the corporate ladder later in their careers, the lack of a degree is going to stop them dead in their tracks. The article fails to note that the unemployment rate for those with just a high school degree is three times higher than those with a bachelor's degree- 12% vs 4% or so. You can't ignore a statistic like that, and a large part of the reason why is that HR departments and Recruiters are in the habit of asking for a BA by default and will automatically trash a resume that lacks it, despite how good one's skills may be.
The "skip college' argument is extremely short sighted here, ignores the realities of the hiring landscape, and is really only useful advice for a very, very small percentage of those looking to start businesses.