This comment is preposterous. It is clear that something needs to be done, the question remains: How long until people realize that a stack of those millionaires and billionaires didn't make their money from playing the slow and steady route?
Those guys at the top of forbes wealthiest list are college or highschool dropouts - and look at them now.
It's impossible to assess the tangibility of something like this. These are institutions of higher learning, what do you expect them to do? Start giving lessons in Beer Pong and how to gel your hair, BRO?
Brendan does raise a good point, it's not always the price of the education that matters, it's what you learn and how well you use it.
In some circles, all the know-how you need is the ability to say, "I was a legacy at hah-vud, dontcha know."
What this planet needs is a shakeup of the university system, maybe for one year let in everyone who wouldn't normally make the cut.