A college degree is useless. So, why not "UnCollege"

The trend, as I have been blogging about, has been one of an overselling of higher education, and the resulting worthlessness of a diploma.  I am, therefore, not at all surprised with developments such as the following (ht):

Dale Stephens, a 19-year-old entrepreneur, wants to bring the idea of home-schooling to the college level, with an unusual new Web service he calls UnCollege.
Mr. Stephens is now a freshman at Hendrix College, but not for long. He feels he can learn more outside the traditional college system than as a formal student, and he is leaning toward dropping out at the end of the term and taking his education into his own hands. His new online service is designed to help others do the same.

So, what is driving Stephens into this?

Why should you join UnCollege?
-A recent IBM poll identified creativity as the No. 1 “leadership competency”
-Autodidacticism preserves the joy of learning
-Unschoolers outperform traditional students (86th percentile to 50th)
-Self-directed learning forces you to function as student and teacher
-College lacks academic rigor

What?  College lacks academic rigor?  I am shocked, shocked :)