This article appeared in this past weekend's Wall Street Journal. It focuses on the value of a degree in today's social and economic climate.
I've looked at this issue for many years. I've done this through the lens of an individual and a parent. Certainly, there are arguments to be made on both sides. I tend to favor the disruption going on now. It could lead to something very positive.
There is one thing I'm watching that doesn't get touched on in the article, and that is how much debt many universities are carrying on their balance sheets. It speaks to some of the creeping ills facing higher education. Mark Cuban wrote a fabulous post on the subject here.
Keep an eye on all of these trends. You'll be glad you did.