A great piece at Instapundit about education versus schooling, and how the disparity was addressed in centuries past.

My sister was homeschooled, was accepted at Stanford, and after a year or so decided to become a firefighter/EMT.  She travels the world, is certified as a divemaster, and spent last winter in Antarctica at McMurdo.  She learned valuable skills, taxpayers came out ahead, and she had a great time. 

UPDATE:  This is probably what the future looks like, assuming defenders of the status quo are unable to quash such sellers of learning via regulation.