WHEN WILL THE “EDUBUBBLE” BURST? Soon, thinks Glenn Reynolds (Instapundit) who thinks that for many institutions and many majors, the value received is no longer worth the cost.

Post-bubble, perhaps students ... will focus instead on education that fosters economic value. And that is likely to press colleges to focus more on providing useful majors.... My question is whether traditional academic institutions will be able to keep up with the times, or whether -- as Anya Kamenetz suggests in her new book, "DIY U" -- the real pioneering will be in online education ....

Glenn is betting on the latter. I agree.