I know it's a Yahoo article but it's mildly interesting. No classrooms, no lectures, no homework... Urban Outfitters' Co-Founder Is Building A College Campus Without Classes, Tests, Or Homework - Yahoo Finance
This sort of thing could be of a lot of value, especially to kids who want to end up starting businesses, cooperatives, or non-profit groups. (Although the comments from the hoi polloi show that they really don't get this!)