Disruption

I strongly doubt the "2015" here, but I think "The Futurist" is right to think that the education industry is headed for a multi-faceted disruption of the general sort that he describes: the jobs and careers that will best survive in the 21st century will require skills that we now associate with a college degree, and personality traits which we often signal with a college degree, but they don't actually require a degree of any kind. And that opens us up to changes in education. The Futurist: The Education Disruption : 2015

Google, always leading the way, no longer mandates college degrees as a requirement, and has recently disclosed that about 14% of its employees do not have them. If a few other technology companies follow suit, then the workforce will soon have a pool of people working at very desirable employers, who managed to attain their position without the time and expense of college. If employers in less dynamic sectors still have resistance to this concept, they will find it harder to ignore the growing number of resumes from people who happen to be alumni of Google, despite not having the required degree. As change happens on the margins, it will only take a small percentage of the workforce to be hired by prestigious employers.

...  the ever-increasing variety of technological disruption means that the foremost career of the modern era is that of the serial entrepreneur. If universities are not the place where the foremost career can be learned, then how important are formal degrees from these universities? Since each entrepreneurial venture is different, the individual will have to synthesize a custom solution from available components.

... Udacity, Coursera, MITx, Khan Academy, and Udemy are just a few of the entities enabling low-cost education at all levels. Some are for-profit, some are non-profit. Some address higher education, and some address K-12 education. Some count as credit towards degrees, and some are not intended for degree-granting, but rather for remedial learning. But among all these websites, an innovative pupil can learn a variety of seemingly unrelated subjects and craft an interlocking, holistic education that is specific to his or her goals. ....
(Moody's has already downgraded the outlook of the entire US higher education industry). But most importantly, the most valuable knowledge will become increasingly self-taught from content available to all, and the entire economy will begin the process of adjusting to this new reality.

Parts of this are certainly true.