He's not living in a dream world. It's easy for a good student to land a job in one of the big companies right now (accenture, ibm, microsoft, campgemini etc) that's what I've just done.
The chances of him not being able to afford to finish school are pretty much nill, in the UK the gov pay for pretty much all your University fees and you pay them back over the next 25 years after graduation. This make Uni affordable to most people.
The only thing that was right in your enitre post was the face he won't get funded for a business idea.
What's happening in the UK right now is very different to whats happening in the US.
The chances of him not being able to afford to finish school are pretty much nill, in the UK the gov pay for pretty much all your University fees and you pay them back over the next 25 years after graduation. This make Uni affordable to most people.
The only thing that was right in your enitre post was the face he won't get funded for a business idea.
What's happening in the UK right now is very different to whats happening in the US.