The OP referenced the Khan Academy as an attempt to displace the ossified educational institutions we have. But it has its own limitations and challenges, some of which will soon be rendered moot by the coming wave of AI technologies, perhaps giving it the final push it needs to truly take hold.
Can imagine a world where it doesn't matter where or how you get your education, all that matters is that you can have your knowledge verified by an accredited _testing_ institution. This would open education up to a world of creative competition for students, and allow individuals to find a learning paradigm that best works for themselves.
This might work well for knowledge/IC-based attainment. There are still other groups, who are possibly the majority when combined:
Some people are there for "the experience", no matter how much it costs, nor how little benefit it results in. They will still be paying $80k for an experience that qualifies them for nothing, even though they had that qualification already before they started.
Some other people are there for the network, and/or will learn leadership skills in that environment. They can't build/learn those things in an online environment.
Agreed. One size does not fit all. It's just the hope that options like Khan Academy are made truly viable for those who are well served by such options.
Can imagine a world where it doesn't matter where or how you get your education, all that matters is that you can have your knowledge verified by an accredited _testing_ institution. This would open education up to a world of creative competition for students, and allow individuals to find a learning paradigm that best works for themselves.