“Perhaps in the futility of undergraduate careerism lie the seeds of a new vocational outlook in higher education. It is worth remembering that monasteries were the first institutions in the West that allowed people to explore options beyond the circumstances into which they were born. […] Why not bring together a core group of serious-minded but underemployed academics—who already have adopted a life of poverty, more or less—to form a college that has none of the superfluities that have made higher education the equivalent of a four-year Carnival cruise?”
Source: “Getting Medieval on Higher Education” by Thomas H. Benton, the Chronicle of Higher Education.