"The Impending Demise of the University"

You're probably sick of my writing in my blog and elsewhere about the need to reinvent America's most overrated, overpriced product and icon: higher education.
For example, see my Chronicle of Higher Education article, America's Most Overrated Product: The Bachelors Degree.

So let me call your attention to someone else's work. Don Tapscott proposes what I think would be an excellent core for higher education's reinvention: replacing the professor with the Internet as the hub of learning. He makes that case in The Impending Demise of the University, which appeared first in The Edge and then summarized in today's Huffington Post.

Yet President Obama doesn't insist that colleges be more accountable or cost-effective. Instead he demands that we spend yet more of our tax dollars to increase student financial aid, which in fact, ends up putting money in college coffers while offering little help to students: Increased financial aid allows colleges to calculate, "Good! Now the students have more money, so we can raise tuition."