The website for the 2010 Adobe Design Achievement Awards is up and accepting submissions.
The AdobeĀ® Design Achievement Awards celebrate student achievement reflecting the powerful convergence of technology and the creative arts. The competition – which showcases individual and group projects created with industry-leading Adobe creative software – honors the most talented and promising student graphic designers, photographers, illustrators, animators, digital filmmakers, developers and computer artists from the world’s top institutions of higher education.

As of this writing, there are only 57 days until submission closes!
Faculty: Let your students know about the great opportunity! Contact Joseph Labrecque in the CTL if you’d like a nice poster for your your department or for more information.
Students: What are you waiting for? Sign up!
There’s certainly a great deal to learn about this issue. I love all of the points you have made.