If the point of this thing is to promote computer science education, then it's already dead. Remember, not everything happens in userspace. For example, there are advanced operating systems courses out there that are focused very closely on the low-level side or are based on non-GPL-compatible operating systems where they can't simply lift stuff out of Linux.
It's nobody's loss but Broadcom's: the educators will go for platforms like BeagleBone instead (which, although more than double the price, is still cheap), the students will have the benefit of well-documented hardware, and TI will be happy that many of those students who grow up to work in the embedded space will be specifying TI (rather than Broadcom) SoCs.