I'm in Brazil, where the best universities are public and free. I dropped out for very similar reasons of why us colleges are criticized. The problem is time is money, and even the best universities are extremely time-inefficient. I learned much more on the internet and coding by myself than I did on college. But most importantly, I learned much faster. College has way too much overhead, because it has to cater to all kind of people. But specially in software, theres just to much different paths to choose. And you probably don't even know where to go at the beginning. Here, it's very common that after you graduate, your employer will tell you, you know nothing, and only now you'll finally learn how things really work. Then why did I go to college then? It's just not efficient.

So as I see it. It's more efficient use of your time to start working by yourself then seek to learn exactly what you need to get the job done.

Others say what matters about college is not education. But networking and proving you can get things done. But you can also get those more efficiently somewhere else. Hackatons and linking to your code on github are much more efficient at these.

Overall, the main anti-college argument is simply that there are more cost and time efficient means to get the same that college gets you. If after considering that you still want to go to college. Then be happy and do it, you'll still get there, it will only cost you more time and money.