Interesting anecdote: at a devbootcamp event, I ran into two high school graduates who skipped a traditional bachelor's in favor of three months of intensive web development training followed by a year of unpaid internships. They evaluated this as considerably less expensive than a university education while providing a comparable level of experience.

I'm not sure I agree, but it's interesting that very young people and their families are beginning to question the established educational model in such a bold fashion.

Only those who's family is already relatively well off, and who live in an area where these types of work are available can really do it, though. That's not a reasonable solution.