Many of these arguments boil down to "those damn lazy kids these day". Being in a learning focused environment has value. I have a dual CS/History bachelor's degree. The analysis/rhetoric and writing skills that I built with the History side of my education are at least as valuable to me as the CS skillsets.

I'd go back and challenge original implication of the article, that university is absurd, like a CD. Characterizing a CD as absurd is pretty short sighted -- it's the standard buy vs. rent argument. If you've ever followed a sport that has been in the middle of a cable contract dispute, the downside of the stream is obvious -- broadcasting is awesome until it isn't.

I still buy music CDs or iTunes tracks. Access to an unlimited catalog doesn't do much for me, and owning perpetual rights is, to me, a better value, as it is for many things. That doesn't mean that streaming is "bad", just as online learning isn't "bad". But universities aren't obsolete because other options exist.