Yes it is possible if the country educational system or Sector accept bitcoin to be used. Accepting bitcoin will even help them to accumulate more in their institutions. And the school management should provide the different methods of payment of school fees so that the students will select the method they likes. They should approved the fiat and bitcoin. It is better they use only bitcoin to avoid confusion. The instability of bitcoin is not a problem for accepting bitcoin, it for their benefits. If they can hodle it for some years then they can use to do some good projects.

I don't know for sure, but after doing a quick search on search engines, I found this:
I don't know whether the university still allows payment of tuition fees using crypto or back to using fiat.
You can search for a list of schools that accept crypto payments.
There may be more lists of schools that you can get your hands on.

This process is already ongoing mate. I mean those students are taking this facilities to pay their University fees as well as their others goods payment with bitcoin but yeah, only happening in those countries which are already legalized Bitcoin for their people. But if any county doesn't recognize bitcoin, then the transaction would be considered as illegal and  cause for punishment if get caught. Although government can't stop people who want to using bitcoin. But you mentioned bitcoin is unstable, that's true. There is also process to convert it immediately and nowadays i notice, cryptocurrency usdt is available for transaction due to make everything more easier

OP, if an institution decides to accept Bitcoin as a mode of payment I think is personal and also a welcome development, besides with the little knowledge I have gotten so far, I don't think this is new, you said Bitcoin is an unstable currency, this is true but you should also know that Bitcoin as an unstable currency does not make it stagnant, the price moves up and down, just imagine if some college have taken this decision earlier, they would have been on the profit side by now if this process is been initiated by some institutions some parents who are Bitcoin-friendly will not want to pass through bank stress but rather, they will settle for this payment pattern.

It can be possible but it depends on the country's rules because if someone pay you a tuition fee in the form of bitcoin but your government does not allow this then you will not be able to take bitcoin as a payment. Also payment in the form of bitcoin will be only accepted if that time the value remains same useful as it is today. It will takes time because bitcoin and other altcoins are not yet legalized all over the world. Some country accept bitcoin because they have realized its use cases while many still don't want to accept it.

Sure why not? Also who's to say people aren't already using bitcoin to pay for college or school tuition? I know you mean directly, of course.  Bitcoin doesn't necessarily have to replace fiat money/currency to become currency itself.  Despite it not being stable, I dont think that necessarily takes out the possibility of it one day being accepted as currency for tuition/room and board expenses etc.  We have some ways to go though, in my opinion.

It depends on whether Bitcoin will be able to overcome all these obstacles and become the world currency one day. As many have already mentioned there are many institutions that are accepting Bitcoin as a payment method. It is possible for Bitcoin to get accepted as a payment method, however, in order for it to be accepted worldwide, it's gonna take time. The volatile nature of Bitcoin is not the main issue here because we are still using it today as a payment method in many countries or services online. They have come up with a converter that tells you how much you need to pay in BTC. Or you can convert it yourself and confirm it on your own and then make the payment.

But the main question here is, are you willing to pay it in Bitcoin or not? It depends on you. If you bought BTC at a higher price and now the price is low compared to the initial buying price, you may think that you will make a loss if you pay in BTC now. But the opposite happens when you buy at a low and now you are in a profit. So adaptability to the situation is the main issue here. Bitcoin still holds the crown for being decentralized and the best P2P transaction method. But we are the one who decides whether we should use it or not.

Yes, I think the key problem is with us, not with universities or organizations. Most people only see bitcoin as an asset, an investment, is anyone generous enough to buy bitcoin for $60k and be willing to use it for payment when it costs $30k? I bet no one would be stupid enough to do that. So the problem is us, not anyone else, because for businesses, accepting bitcoin is no different from other payment methods. They will always use the BTC/USD rate at the time of our payment, they will not incur any losses.

If we talk about educational institutions, this means that legally it involves government policy and all payment methods must follow the rules to increase state income. In other words, schools cannot carelessly implement payment systems via Bitcoin or other cryptocurrencies, they will still comply with the rules and laws of countries where fiat is the only legal payment method. Bitcoin and other cryptocurrencies are not generally accepted because not all students use them. You need to learn this because there are things that cannot be applied arbitrarily. Educational institutions are controlled by government agencies, so it is not surprising why until now no one has implemented payments using this method. If there is, it must be done in countries whose governments have legally recognized and legalized Bitcoin as a currency option. However, so far every country still uses the same policy, namely maintaining fiat circulation in order to increase economic growth.