I think he is referring to startups like codeacademy, not for profit schools. He's saying and betting that people like kahn will start more kahnacademy online schools and education. People who aren't driven by greed will cause the for profit schools, rising tuitions, and maximum student loan amounts to be unneccesary.
Isn't it a tad ridiculous to compare something like codeacademy to a college degree? Less than a semester's worth of time spent learning programming is not at all the same as a computer science degree, and I doubt employer's think they are comparable.
Yes. Training (skills) is not the same as fundamental [low level] understanding of the "Science" of computers and computing. Let's be honest though, most of the programmer openings don't require a Computer Science[ist] education. The programmers may need a Lead Developer with such knowledge and understanding who is capable of mentoring and transferring that knowledge of low level details when necessary to explain why we do something a particular way. Many employer's are requiring a degree that really truly is unnecessary and resulting in paying higher salaries. There are many many high school grads who didn't go on to college that could be taught programming, they may just need a little oversight and mentor in the real [business] world.