Well, it used to be that college is an institution for knowledge. With technology like Youtube, Wikipedia, and the like, information can be dispensed freely and cheaply. Honestly, from a benefit-cost analysis, it simply doesn't make sense for anyone to pay such a high annual tuition fee where one can get the same information for less than a fraction of the cost on the Internet.

The people who don't make use of the Internet will be left behind. No doubt about that.