Well, considering that it will be a college/academy existing in the KG universe (220 years after the events of our game), it's pretty safe to assume that the game will be called “The Karlsson Academy”... The director of this academy will be Astrid Karlsson (“girl out of time”) and she will be one of the LI for the male and/or female protagonist...As for all these big names of famous game franchises, so far they don't mean much to me and I tend to view them purely as a PR and advertising element..
Can a college game be interesting? It all depends on your preferences and the talent of the game's author...However, I have no idea yet what Anais is capable of (as an aspiring developer), so for now I'm only hoping for Tess as the lead writer and likely driver of this project...What this game could be, we'll find out very soon, so I'll just wait for that promised announcement (as part of the upcoming pt2) before making any conclusions.