Yes yes yes yes. I try to be very clear with my students about the risks in "following my path", because I was stupendously lucky; if they want to go get a PhD just so they can teach college (as I did!) the odds are overwhelmingly against them successfully doing so, and the fact that I tell them this is always very surprising to them. My students that have gone on to grad school have done so knowing what they were getting into, and I'm proud of their success and also proud of the ones that tried it and decided they wanted to do something else instead—because they had a better picture of what "sticking it out" would look like and what would await them on the other end.