Erosion of the credentialing monopoly of college
A major function of college is to signal to potential employers that one is qualified to work. The Internet is replacing this signaling function. Employers are recruiting on LinkedIn, Facebook, StackOverflow and Behance. People are hiring on Twitter, selling their skills on Google, and creating personal portfolios to showcase their talent. Because we can document our accomplishments, and have them socially validated with tools such as LinkedIn Recommendations, we can turn experiences into opportunity. As more and more people graduate from college, employers are unable to discriminate among job seekers based on a college degree and can instead hire employees based on their talents.
Dale Stephens via http://www.cnn.com/2011/OPINION/06/03/stephens.college/index.html
