I am still baffled by this. I don't see what U2 has to do with the 1980s college rock thing. The bands equally ascended to rock superstardom but came out of very different scenes, and never really competed with each other or had a rivalry. Maybe there's a whole chapter of rock history I don't know about because, however good both bands have been, neither are that interesting to read about.
If they're not the Beatles/Stones, how could there be a Kinks? It's like asking "Who's the Throwing Muses of Depeche Mode and Mozart?"
And if there was to be a 1980s college rock Kinks, it would be the Replacements.