As usually the answer is, it depends.
Giving up a year of earning power by skipping a year of school has serious long term financial repercussions (I.e retirement).
But if they use that 10k toward future tuition, or put half in a Roth and the rest towards tuition, or say half in a Roth and half to pay for some community college classes so they don’t fall too far behind, you could probably make it work. I’m just less optimistic about what it will he like out there for these kids when you have adults who also need the work right now when many of their employers don’t make it after this (such as restaurants).