This TED talk by Richard Baraniuk outlines an idea of a "knowledge ecosystem" in which users become contributors and producers. Create, Mix, Rip, Burn - basically build upon the ideas of others to make learning bigger, more accessible, culturalized, and personalized. Click here to visit http://openstaxcollege.org where this process began and continues to grow.
Have you ever suddenly had an urge to snack on something from the fridge, then thirty seconds later found yourself staring at the milk wondering what you're doing in front of an open fridge?
In this second scenario, the university will become the center for the development of the individual as a holistic being who not only thinks and feels, but breathes and moves and loves and creates and will never be confined to a cog in the digital machinery of the information age.