I dont like the fact that you cant express yourself through fashion, but I think its good for it makes the individual have to stand out with thier personality and not thier flare. Its good for thier overall development, but very boring. So I vote NO.
At the college level your adults, and shouldn't have to conform to a structured set of rules, we are all aware of right vs. wrong and whats tasefull, and if not, then we pry cannot be saved. Its time for children to become adults and become themselves, make mistakes and grow.