An article at Inside Higher Ed has started an interesting discussion on the worth of journalism schools. Here is one example from Maria B. Marron, a journalism professor at Central Michigan University:
…the ages-old debate about the value vs. non-value of journalism programs and arrived only at the conclusion, articulated by Alberto Ibarguen, that j-schools “ought to be [...]
As you might know, the Harnisch Foundation under the direction of Ruth Ann Harnisch gave us a substantial gift to start the Center for for Sustainable Journalism at Kennesaw State University. We are up and running. Keep abreast of what is happening at SustainableJournalism.org 
Leonard Witt is the Robert D. Fowler Distinguished Chair in Communication at Kennesaw State University and the chief blogger of PJNet. His academic interests include public and citizen journalism and how to get citizens' voices heard. He has spent most of his professional career as an award-winning journalist.