This document discusses alternatives to traditional college education. It notes that the average college graduate has $24,000 in debt upon graduation. Only 36% of students showed improvement in creativity scores between 1990-2010. Over 20% of college graduates under 25 are unemployed. The document argues that college is not necessary for success and outlines four things traditionally provided by college - knowledge, network, community, and signaling - which can now be obtained through affordable online courses, open educational resources, networking online, and competency-based credentials. It advocates for an alternative "new way" of self-directed learning outside of the traditional high school plus college model.