I've been saying that college is obsolete for a very long time. I dropped out in 2000, because even back then I could see that it was a really poor value proposition. I didn't predict this because I'm some crazy genius, but because I'm willing to discard emotional attachment and stare plainly at the facts.
School is outrageously expensive, leaving graduates with a debt (or net expenditure) of tens of thousands of dollars-- sometimes even one or two hundred thousand. There are some things that are worth that amount of money, but for many people school isn't one of them. In fact, apart from very specific cases, I think that school is a bad thing, not worth doing even if it was free.
That's not to say that school has no benefits whatsoever. It does, and although I left with zero additional skills after my three semesters there, I had a good time and benefited from the social aspect. The problem is that you can't just compare college to doing nothing at all. You have to compare it to what you COULD have done.
I'm currently on a cruise ship somewhere in the Mediterranean sea, en route from Barcelona to Casablanca. Most people here are either retirees enjoying the easy life or younger folks celebrating birthdays, weddings, or anniversaries. My friend Brian and I are neither-- we're using the ship as a mobile work retreat.
As a nomad and an entrepreneur, I find myself working in a large variety of places throughout the year. I have a nice setup in my RV, but I'll also work from friend's offices, airplanes, airports, friend or family's houses, trains, Regus offices or any other number of places. However, my absolute favorite place to work is from a cruise ship, in particular long transatlantic cruises like the one I'm currently on.
The number one enemy of productivity is distraction, either in the form of entertainment or things like chores and phone calls which feel productive but break up the day. Cruise ships are a remarkable way to eliminate all of those things. Efficiency can be so high on a cruise ship that I schedule things like entire rewrites of major sections of Sett or the writing of a brand new book for the two-week cruise.
On a cruise ship, everything is taken care of for you. No time at all has to be allocated to cooking, choosing your meal, or to cleaning. You show up at the restaurant, in which all of the food is free, order whatever you want from the rotating menu, eat, and then immediately get up and get back to work.