[hooda]

Eric might think that college is worth it but the guys who are running those colleges (Deans) think otherwise.

=> UC Berkeley B-School Dean:"Half of the business schools in this country could be out of business in 10 years - or five. Source: http://www.businessweek.com/articles/2014-03-14/online-progr...

Problems with college is not only HIGH college tuition fees but also number of years wasted in the institution. If you are 'self motivated learner' then you can learn on web. This is especially true for software courses. Other courses like electrical and mechanical engineering might -still- need college education as colleges have requisite infrastructure for those fields.

[leoc]

Postgraduate courses like (US) law school and business school are much further gone though; undergraduate ones aren't as bad, yet at least. If Eric Schmidt had said that law school was worth it I think his audience might have been incapacitated with laughter.