I agree with his points suggesting education is hinted at far too strongly, especially Universities. I abandoned my degree in the second year feeling that there is far less market for them (not just degree-dependant jobs, but jobs that a degree can help you with).
And when you see the value of a degree declining when education is mainly a way to give you skills to work, to earn, to make money and keep capitalism rolling, it makes you think. To get a suave job nowadays you now benefit more from side projects, work experience and the things you do besides the degree. If everyone has a degree in computer science, you cant define yourself with it.
So I say, good on him, but giving kids money to start businesses won't go far. It pushes ideas-for-profit over ideas-for-innovation...and many things these days aren't innovation, they're rebrands.
Oh, and kids? Good luck getting around all the patents... *chuckles*