Asks The Chronicle:

“First, it wouldn’t have formal admissions, said Mr. Staley, director of the Harvey Goldberg Center for Excellence in Teaching at Ohio State University. People could enter and exit as they wished. It would consist of voluntary and self-organizing associations of teachers and students “not unlike the original idea for the university, in the Middle Ages,” he said. Its curriculum would be intellectually fluid.”

Hm, I don’t know about this… Wikipedia’s purpose is to inform. A university’s purpose is to educate. The two are not synonymous. But I would support increased collaboration, even within the administrative sphere, between faculty and students.