Daniel Little (philosopher of social science) compares the collapse of Kodak, and US steel companies to universities. These companies developed severe problems when they inexplicably ignored clear competitive risks and Daniel wonders, is higher education going the same way?
This article by Bryan Caplan (Economic Professor at George Mason U) can be summarized like this: Other than a signaling effect, Caplan thinks university education has little functional economic value for many individuals and he thinks we should stop wasting our tax and personal dollars on education.
The idea od students as vessels to be filled with knowledge is obsolete. The alternative are communities of inquiries.