I don't totally understand why there's so much hate on MIT for this, so consider this more of an inquiry rather than an outright defense of what happened and let me know if I'm missing something critical:
Based on what I know, Aaron Swartz - someone with no affiliation to MIT - abused MIT's open campus/network policies and tried to download all of JSTOR by hiding a laptop in a closet. At best, this is at least something sketchy to do by someone with no connection to the university. MIT discovered this, turned the matters over to the police, Swartz got caught, and the (overzealous) prosecutors took it from there. MIT did not "make it [its] life's work to go after [Swartz]". You can certainly criticize it for not trying to help him, especially given MIT's hacker-friendly culture and the fact that his actions did not hurt anyone, but I think it's unfair to have expected MIT to make a stand against the prosecutor/criminal justice system and predicted Swartz's suicide, after he rejected the 6 month minimum-security prison deal and decided to go to trial instead.
I'm all for open access, but Swartz's methods were at least a bit questionable and he should have expected some repercussions should he get caught (I'm sure he did, hence the hiding of the laptop). And in the end, blaming MIT for being neutral in a politically-charged case and for Swartz's death seems unfair, it is an academic and research institution after all, not a public defender.