As someone who did just that (and to be fair, I was the beneficiary of an inheritance that paid my $40k off immediately after graduation) I can agree with you,

As someone who did just that (and to be fair, I was the beneficiary of an inheritance that paid my $40k off immediately after graduation) I can agree with you, but also it seems silly to have to pay all the tuition and do all the stupid graduation requirements when the main benefits are networking with cool fellow young people, and lack of responsibility. I learned so much more last year from YouTube videos than I did in 4 years of college 20 years ago. I guess what I'm saying is, if they had a 'college' which only had dorms, cafes, interest clubs, and various paths of casual, part-time study which gave no grades and automatically conferred a 'participation certificate' after 4 years, and cost half as much, I'd tell my kids to go there.