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I don’t think I see anyone else saying it: Because High School was the last school for the vast majority of people. It was the transition into adult life and responsibilities.
In American history a lot of people didn’t even make it to High School. You got enough of an education to work whatever job, or were forced to quit schooling and start working because of family financial needs.
College wasn’t needed for a good paying job that would be enough to own a home, car, have a family, etc.
So High School was the end of the line for being a kid in school and whatever freedoms came with that. Especially for the Boomer generation the economy at the time really allowed a lot more freedoms for High School kids than had ever been available before.
This is one of the signs of stagnation. Sure, high school was enough education half a century ago but the world continues to get more and more complicated. Why haven’t basic education requirements ever risen to match?
Free public school needs to be through an additional two years of what is currently called college/vocational/trade school
87% of adults graduated high school. 60-70% of high school graduates enroll in a college or university program. So that means that 52% or more of people in the US go to college. Obviously that's massively location-dependent, but it's just not true that the "vast" majority of people don't go to college. It's about half.
Maybe you're talking about historically? But it's been a long time since any percentage you could call a "vast" majority left school after secondary. Certainly the majority or a very large minority of Americans alive today had some college or trade school education.
“Was”. Not “is”. “In American History…”
My use of past tense was deliberate.
The initial question from OP is present tense, though. "Does."