Thank you Richard for proving, once again, that most producers are eletist butts. The vast majority of the people I know working in the film industry have no formal education at all. From what I've seen the industry is based on past experience or connections... in fact many people feel that attending film school is a waste of money all together (Sheridan, Ryerson, Toronto Film School all included).
"Look at the jobs advertised in Playback, so many of them ask for a university degree in communications or a related field. The Toronto Film School can't grant you a four year degree." Hmmmm---that's funny---from what I can see 99 % of the jobs on playback (or any other film related job site) ask for experience---not a piece of paper from any school. I think Franco will be just fine--seems to know what he's talking about (as long he doesn't run into any big headed prick producers like richard)... and good luck with that one!