I did the audio tech course in APU. I am warning you tho, should you decide to study there, be prepared to do a lot of maths, electronics and acoustics. I loved that aspect of college coz it made the whole coutrse that bit more scientific and more interesting + since you are going to spend 3 years of your life on studying, you might as well learn something more than using plugs and drawing automation curves...etc. That stuff you can learn at home and save time and cash.
APU does not have state of the art equipment, but has fast PCs and G5 Macs running Logic, SX, Pro Tools, they have analog desks (Allen & Heath G3000, 32 Macie 8 buss, Soundcraft Studio 8 and some smaller VLZ mackies) and a digital 02R in the Pro Tools room.
They got real analog synths (EMS VCS3, Doepfer modular, Sh-101, Juno 60) and digital synths like the Supernova 2, Prophecy and some others I do not remember.
Outboard from TLaudio to Behringer and a nice range of mics with their TLM 103 Neumanns being the best.
When I went in college I did not know how to even use a small analog desk and by my 3rd year I was building little 2 VCO FM synths based on intesil chips in the electronics labs, that I used later on in tunes that got pressed.
But it all comes down to you and how much time you are willing to spend on your own in the studios learning new things.
You get to meet people that you might end up collaborating later on in life. First day in class I met with the guy I make tunes with today, that get played on BBC Radio 1, Kiss FM...etc.
Cambridge is a nice place too, lots of people into music, particularly breakbeat (Streetwise is based here), psy-trance parties happening every now and then, and nice tech house parties + I think it is a beautifull and inspiring city.
There are also venues were you can get some work, likethe Junction and the Corn Exchange + other small venues. I worked at the Junction for 3 years, learned lots of things, did FOH and monitor work + learning how to manage a P.A. in general.
Peace out.