Disconnect about what the different expectations are for college

Quite a balanced piece (in other words I partially agree with it) as a follow up to Theil's fellowship program to encourage entrepreneurs to drop out of college and start a business.

A good point is the major disconnect between what the educational elite expect to produce out of this vast expenditure on college and what parents are expecting. Parents expect their son/daughter to go on to economic independence as a result of the investment. On the other hand, high school grads generally head off to college because they can not figure out anything better to do and their parents would be embarrassed if Johnny was not attending college.