Yes, Obamacare applies to health plans offrered by colleges and universities, because the law says that it applies to those groups. More than one university has already said that they are revising or dropping their student plans because they cannot comply with the mandates of Obamacare. Because the law is meant to be universal, it applies to university plans as well.
Yes, Obamacare should apply to Health Plans Offered by Colleges and Universities because there is little reason to treat these health plans any differently from those offered by small businesses. In fact, colleges and universities often have access to more funding than small businesses do, therefore, they should be held to the federal standard.