The Washington Monthly - The Magazine - The Siege of Academe [Kevin Carey]

Excerpt:

The ongoing carnage in the newspaper industry provides an object lesson of what can happen when a long-established, information-focused industry’s business model is challenged by low-price competitors online. The disruptive power of information technology may be our best hope for curing the chronic college cost disease that is driving a growing number of students into ruinous debt or out of higher education altogether. It may also be an existential threat to institutions that have long played a crucial role in American life.

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From DSC:
If higher ed doesn’t respond more forcefully/significantly to the perfect storm it finds itself in, people will find other ways of getting employed and staying employed. The conversation continues to move away from institutions of traditional higher education (here’s but one example). Control is an illusion.