Is university always the best option for getting a good job?

In many industries, I personally believe that University is not necessarily the quickest route to gaining success and working up the job ladder. Of course there are a handful of industries where further education at University is crucial - such as healthcare. However, there are many industries where learning on the job could be a better option than going to University to get a degree on the subject. There are some industries, like becoming a car mechanic, which is quite likely to be thought on the mass scale as a job to learn as an apprentice or work experience as oppose to getting a degree at University for. However I think it goes further than this. Take television production for instance. There are many University courses specialising in the subject, but from experience - I believe you learn more, and quicker, whilst working in the industry and gaining first hand experience as oppose to hearing what it is like.