It's that saying, six to one, and half a dozen to the other. It was stupid, and expensive, and 95% of the teachers were assholes or incompetents or both, and a lot of the processes got drove into me and took years to unlearn, and we never really got down to a love of film, and no younger member of the class really got a chance, and no good movies came out of it.
It prepared us for the absolute worst of the business, fighting for every little thing, climatizing us to doing every job and having high stress and dealing with idiots. And I met some of my best friends there, that I will work with and hang out with for the rest of my life, and I have a lot of funny memories. So how can you say you'd rather not have, y'know, and saved the money and made your own movie instead. I dunno...
btw, Phil, seems like your film school has a pretty good set-up, like they care. Exclusive and all that.