Bill Gates ask this question at Techonomy 2010 conference: "Who Needs a College Education When You Have the Web?" A good question, but the paradox is that the most important forces behind this opportunity is what he himself has spent most of his life to fight :-)
For background information behind that claim, I suggest Yochai Benkler "Wealth of Networks" that you can find here:
http://cyber.law.harvard.edu/wealth_of_networks/Table_of_Contents
This one is specifically good to explain the theory:
http://www.yale.edu/yalelj/112/BenklerWEB.pdf
http://www.dailytech.com/Bill+Gates+Who+Needs+a+College+Education+When+You+Have+the+Web/article19294.htm
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