There is a growing sense among the public that higher education might be overpriced and under-delivering.
Absolutely. Unless you're getting a six figure job right out of school (you're not), it's hard to make sense out of going up to a quarter of a million dollars in debt to go to school at a high-priced university.

How many people go tens of thousands in debt with student loans only to end up taking a job that they could have gotten right out of high school? I think people should quit pushing the notion that "everyone" needs to go to college to succeed. If you're going to be a ditch digger or a WalMart cashier, college is a waste of money. If you're going into a technical career- consider community college or a technical school that will give you the job skills employers want without pushing you into decades of debt.

It's interesting that the tuition bubble is mentioned with the mortgage bubble, since I think the government is at the root of both. In both situations, free-flowing, government backed credit caused a wild, unsustainable run-up in prices. May as well add medical prices into the mix as well. When the government takes actions that divorces a service from the associated costs people become divorced from common sense with their financial decisions.