[pharke]

> Unis are becoming the tool of class formation

I'd argue they've already been that for at least several years if not, less brazenly, for a few decades and that the article these comments are in response to is strong evidence to support that determination.

The network effects generated by adding people to your social circle from a group that are at the same career stage and aiming to work in the same industry are also very strong. It is highly likely that they will be the source of job opportunities, recommendations, and useful advice for many years to come.

None of this is really necessary, there are plenty of positions out there that don't receive applicants hailing from top tier universities and making friends with people in your field only requires a modicum of grace and the willingness to put the time in at the appropriate events.

Generally, I agree with the sentiment that the position that universities currently hold is ripe for replacement. The second that someone figures out a workable model that serves most of the important functions (accreditation, education, networking, access to experts, research funding) for a reasonable price the die will be cast.