And when your school requires a textbook that is only available on kindle so you can't buy a used copy or borrow one from the library, or share a friend's - then how much do you think they can/will charge for textbooks ?
I'm betting on some very large 'incentive' payments to schools to try this, along with some seminars in Hawaii to explain to college presidents how wonderful this will be.
Except the American economy is aimed at, and thrives on people of a certain "education, skill, and wealth". Those 100k indian and chinese engineers are going to buy German/Japanese cars, watch european films and eat foreign food and possibly even french wine. The 80k poor relatives are going to shop at McDs and Walmart, watch FOX, support the local politician with the largest belt buckle - and generally integrate perfectly into American society.