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Probably because many colleges cost like 200K nowadays. Fun's justifiable maybe when you're graduating with, I don't know, 0-10K in debt, but at 200K you've really gotta question whether or not it's worth it. A lot of people have their four years of fun and then end up slaving away as indentured servants to Sallie Mae for the rest of their lives.

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It really doesn't need to cost that much though. I wouldn't be surprised if every state in the US has a public school that costs less than a quarter of that. (and obviously college is much cheaper in every other country). To clarify, I wasn't saying I thought that was the sole benefit of college - just one that never seems to get mentioned.

In my state it's about $80,000 for all four years. (including tuition & room and board--but not including where you live during the summer)

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