I have a BFA in photography from Pratt Institute. At the time it was a very artsy program, lots of critiques etc. They also had a foundation program, drawing, painting, sculpture (ugh!), that I think was really useful for training my eye. I still go back to drawing when I'm in a rut, and I think anyone wanting to improve their photography can benefit by taking some drawing courses. Although, I had a great experience there, they lacked really good technical teachers. We had a professor who was a very good, working commercial photographer for our studio class, but he was a lousy teacher, who rarely gave demonstrations. About a year ago decided to take a lighting course at NESOP to fill this real lack in my skills, and found a great teacher, who did excellent demonstrations. I also took a darkroom class there to brush up in those skills after a long hiatus, and really got a lot out of it.
As many have said before, I think the teacher can really make or break a class. I found the critiques in college helpful, but I just wish they hadn't been quite so light on the craft, and offered a better balance between the visual and the technical. If time will allow, I still plan to take classes. I've learned quite a bit here on APUG, but you can't beat the feedback you can get from teachers and other students. There always seems to be more to learn!