Reed College

When Steve Jobs dropped out of college, he didn't stop going to classes -- he just stopped paying for them. But when he audited a class, he had to be there. Today, you don't -- it's all online.

Perhaps you've heard that the U.S. Department of Education is requiring schools to use e-reader technology that accommodates blind students. A while back, we wrote about the colleges giving iPads to their students. It's a beautiful thing, isn't it? Free devices that could feasibly host text books,...