I agree that there are problems. The cost of college is unnecessarily inflated, sometimes for no other reason than for one school to preserve its ultra-competitive image. Some schools are becoming degree mills, where even C's and D's get you a bachelor's, diminishing the value of the degree overall. And there are definitely other ways to pursue your professional objectives, with or without first going to college.
However, the decentralization of information and the traditional college experience are by no means mutually exclusive. Rather, it's a move to what academia is supposed to be about: a democratic exchange of knowledge, where scholarly resources are openly shared.
Fine, but we will still want college in 15 years.
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