I used to get nickle drafts in the late 80's, but on base, not at college. Slammed for a buck, not a bad deal!
Near where I used to live was a bar that catered to the local army base. They sold these huge clear plastic "urns" that held massive amounts of beer for 10.00. You just turned this tap at the bottom to refill your drink. The barkeep told me they always sell these out when the soldiers come in.