Grant McCracken reflects on how universities might get disintermediated: basically so that the process of learning is completely separated from accreditation. I think a networked world offers people incredible flexibility and low cost to find information about what interests them, and many education bodies make that process relatively bureaucratic.
There are some interesting comments – one looks at the model of musical performance, where accreditation is completely separated from instruction.
At any stage, you are only judged on your performance (or knowledge) on the day you do the exam. You are not assessed on HOW you learnt, or who taught you, or what classes you attended or did not attend, over what period, or how long you took to learn