Mark my words: colleges are the next hallowed institution to get smacked off their undeservedly and ridiculously high pedestal.
Don't get me wrong--I think some aspects of college are absolutely fantastic: I learned much at my alma mater, Northwestern University. I really appreciate, and seek to support at every turn, my alumni network. I met my wife on a co-ed touch football field there.
But in this respect, colleges are simply bogus: their spiraling costs are out of whack with the rest of society, and have the feel of "status bumps"--jacking up the cost to simply look more valuable and prestigious without commensurate upticks in return on investment.
That's why I give a huge thumbs-up to Seth Godin's recent rant.