Currently I am the mother of a high school sophomore who already has his sight on a future college life. As a mother, I am terrified of the idea that someone with ample access to alcohol may do something silly and dangerous, and that my kid may be rooming with that person. That is just my mentality as the mother of a young male when you consider that young males often seek thrills and risky behaviors. Although I have set a good education and trust in my son, I cannot say the same of the kids of other parents.
This being said, I also understand that guys will be guys and that college is a time of discovery, as well as learning. However, I much rather see kids "being kids" somewhere other than in the place where they are going to school. If I am going to invest in my child's education I do not want my money to go toward liquor licensing or cigarette selling permits.
I agree with KP in post #2 that in other countries this may be a regular practice. I went to Oxford University, Merton College, and the student pub sold alcohol. However, it seems that the students were already used to the idea and they were surprisingly moderate in consumption. I do not see that happening in the US. I just don't believe that we are ready for that.
I am shocked at how old fashioned I am sounding right now, but I am so tired of seeing kids waste away with drugs and alcohol that the last thing I want to know is that they can keep as much as they want of it inside their own college dorms. That is just my opinion being voiced, not that I would go on strike or anything like that. :)