I used to feel that way strongly. All of this made sense when most people could go to a state school and earn their way through with little or no loans. Today being a well rounded student with some great friends and a bit of independent living at a state school is likely to still saddle you with a 6 figure loan.
So even though I really thing the above is the right way for people to pursue an education / career after high school, it simply makes little sense for a lot of students. To the end I'd really like to see more institutions like WGU that allow you to get through school a lot more cheaply by doing everything remotely and measuring outcomes rather than measuring grades and the number of classes you took. And somehow we need to convince employers that colleges like WGU are the best alternative for a lot of really talented potential employees.