The Internet supercharges the potential of peer learning. It gives us access to a huge (and growing) amount of high quality educational content that can be downloaded, translated, remixed, adapted and shared. And it puts us in touch with millions of other people to learn with. It is this combination of peer learning, the social web, and educational content that creates an unprecedented opportunity to make education more accessible, more engaging, more fun, and less expensive.
From Lynn O'Shaugnessy via CBS Money Watch:
The traditional college degree may not be as necessary in the future if the concept of so-called digital badges takes off. People who earn digital badges signify to employers what their skills and knowledge are regardless of whether or not they possess a degree.