What is the reason to have higher education organized by geography instead of by industry? Shouldn't the medical industry be responsible for medical education, for example? Then you don't have a state or a city wasting investment on a student who will bail, and you don't have students who are disadvantaged for being born in the wrong state or city.
A longer answer is that I suspect it's a bad idea in the long term. For one thing, I don't see how you wouldn't have "students who are disadvantaged for being born in the wrong state".
