I would much rather try and do what we can to get away from the culture that makes it cool or likely that people will binge drink in college. Rather than increasing penalties, lets increase education pointing out how stupid you are to be shitfaced drunk (as fanaskin pointed out) and get rid of arbitrary age limits like 21 to drink even though you can be in the military at 18.
Dude, OF COURSE it would be better for everyone if we could just "educate" people on the dangers of drinking, just like it would be awesome if we could "educate" people out of being racist, sexist, homophobic, religious, greedy, etc. How can we do that? PSAs? Fun cartoon music videos? Facebook campaigns? Government programs? We've been trying to "educate" people,
especiallykids, on things like drug and alcohol abuse for decades. If that worked we wouldn't need a legal drinking age. Unfortunately, drinking alcohol is a lot of fun and people generally want to try it as soon as they figure that out. If it weren't for the legal drinking age, we'd almost certainly have more drunk driving, more alcohol poisoning, more rape, more violence, and more stupid decisions, the consequences of which affect us all. Is the legal drinking age a perfect solution? Obviously not, but we still don't have anything better. When we come up with it, I'll be all for it.
Now, I don't want to shit on you for being idealistic, mostly because I am quite the idealist myself. But saying "it would be better if we could do things
thisway" doesn't mean anything if there's no real world application. Go Venus Project!