When I went to college in 1999 my @wellesley.edu was the first email address I ever had. In contrast, two years ago Boston College stopped offering @bc.edu email addresses and made them simply a forwarding addresses to student's existing personal email accounts. In other news from the wow-has-technology-changed-college-file, Colgate University has launched this mashup with yearbook style info of their graduating class and their plans for the future. 8 of the students have added video on their year end thoughts on their college experience.
I found the actual interface and student info to be pretty bland - but as Mashable points out the concept is totally dynamic and you can easily see a more robust version of this catching on for face books (the old kind), yearbooks, alumi groups, and other student organizations. The ability to customize your info with multimedia and content, or even link to specific content on your existing social channels would make this an particularly easy lift - essentially filtering pieces of your social life to represent you in a designated group. Easy to see how this concept can be broken out and applied more broadly.