well, that's because your in us of a. I'am an european so i had my 5 years of software eng. degree for free, plus i was able to do freelance work in the same time. So, no debt, 5 extra years of partying, drinking with my mates (many of them recruited in the same university), and a nice diploma which really matters here over the pond :).
I think you're getting downvoted because of the comment's tone, but it is noteworthy to point out how different the college experience can be in Europe vs the US in my opinion.
Well, the article was in itself a bit anecdotical, as someone else put it, so i tried to keep up. Yes the experience is quite different, and while i am very passionate for what i'm doing (i'm programming a way or another since i was 12), i really think college is worth something, beside having fun: you learn how to think, how to evaluate, how to apply what you know ... and how to finish things you started - projects, jobs, assignements.