Kevin Carey in the Washington Post has a fascinating article looking at the future of high education. According to Carey, there's going to be a whole lot more University of Phoenix and a lot less lecture halls in the next years. Carey weighs the pros and cons of this trend.

The day is coming — sooner than many people think — when a great
deal of money is going to abruptly melt out of the higher education
system, just as it has in scores of other industries that traffic in
information that is now far cheaper and more easily accessible than it
has ever been before. Much of that money will end up in the pockets of
students in the form of lower prices, a boon and a necessity in a time
when higher education is the key to prosperity. Colleges will
specialize where they have comparative advantage, rather than trying to
be all things to all people. A lot of silly, too-expensive things —
vainglorious building projects, money-sucking sports programs, tenured
professors who contribute little in the way of teaching or research —
will fade from memory, and won’t be missed.

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