Thanks to Will for passing this along.
Higher education is at a crossroads not seen since the introduction of the printing press. At the Massachusetts Institute of Technology and other campuses, the upheaval today is coming from the technological change posed by online education. But that's only the half of it. Just as edX, Coursera, Udacity and other online-learning platforms are beginning to offer the teaching of great universities at low or no cost, residential education's long-simmering financial problem is reaching a crisis point.