Edupunk'd - Can the Internet replace the traditional university? (bigquestionsonline.com)

This seems to be a topic that comes up a lot on HN: the lone hacker working without a formal education is "better" than his/her college educated peers sometimes. I think the author here makes some good points about the role of the university changing more than traditional education going away.

With projects like OpenCourseWare and Kahn Academy, there is a lot of room for innovation in and around the university concept.