Its REALLY gotten me thinking as well....
Is education a free market? apparently not. Like healthcare, its regulated, protected, subsidized and pampered. Which is why its product prices dont reflect their true value in a more competitive environment.
I too think the overrated 4 yr college education craze will fall by the wayside. I don't quite think that art=fart but can see why people who do, do. The liberal arts education offered today is plain atrccious.
Plus, in the rapidly changing modern world, education is a lifelong commitment.