One of the implications of online technology is a global educational community that transcends the narrow confines of the traditional post-secondary institution, and perhaps makes it irrelevant.  Here's a link to a short video in which a thinker asks the question whether we've ever considered how utterly irrelevant the current structured form of education is for students, and that un-learning and re-learning are the only true literacy skills that productive people will need in the 21st century.

The truly amazing part of the video is how it shows a choir of 2000 people singing an aria together in real time, with moving results.

The brave new world of digital media, and education.  Total customization.  Perhaps no institutions at all.