My grad school pays $25 per hour. I paid nothing for undergrad. This isn't atypical.
It's amazing how few people know that if your PhD doesn't cost -$12,000 a year or less you really are not doing something right.
My point was that because school systems are hackable, sometimes hackers will have hacked the signs of the costs involved. For example, my graduate school costs less than -$12,000 a year, but some peoples' schools may cost more than $12,000 a year (so they're not "doing something right?"). Big deal. In the long run, education wins financially and in terms of helping people accomplish their goals.
One can easily make the argument that startups are education, but obviously this consists of more than "Web 2.0" and a few other buzzwords thrown together at random. (I'm not criticizing Paul here, but I am criticizing the lunatic fringe that seems to grow around Paul.)