The sky-is-falling articles will always attract more than their fair share of column space in the CHE.
However, the truth always has been that teachers are not properly valued in either K-12 or in higher education.
This is one of the reasons it is so important to graduate from a strong PhD program with solid research skills.
Colleges and universities will always be on the lookout for ways to reduce instructor cost, but there is no online substitute for a professor with a solid research program and the ability to secure external funding.
See, the thing is our provost doesn't believe that this department really does research. Despite the fact that we share our tenure requirements with many other departments, the real point of ours is to push undergrads through our lower level classes. Imagine what he thinks of those that don't even have grad programs.