The university as a repository of knowledge may well have peaked and be rapidly going the same way as slide rulers and mechanical typewriters went. Disappeared; surpassed by faster, better, wider ranging instruments. We need to think of new an more dynamic ways to pass knowledge; we need to stop this weird ritual in which you say things to young people who look at you, but you have no way to know whether they are actually decoding the sounds you are uttering.
We should rather focus on the direct, human contact with a teacher. The relation with a mentor has been fundamental in history and it is likely to remain the master way to attain knowledge. But that happens outside classrooms; it has always been like that, and it always will be.