Well, you're generally paying for the 8 hour daycare part before the education, right? That still needs human staff around unless you're doing distance learning
e: if you mean university, fair. that'll be an interesting transition. I guess then you pay for the sports team and amenities?
No.
In the US at least, most kids are in public schools and the collective community foots the bill for the “daycare”, as you put it.
At that price tag I assume they're referring to college, not grade school, so the "daycare" portion isn't relevant.