Here is an article from CNN.com - No school, no books, no teacher's dirty looks - Feb 2, 2006. The concept is called "unschooling," and it allows the child to learn whatever they want. There are no required books, no tests, and no expectations.
I am not a big fan of the current educational system. I think there are major deficiencies. BUT, this certainly is not the alternative I think we should be looking at.
Today, I want to study the physics of getting Mario into the castle to save the princess. And then I want to do an in depth sleep study. Now that is what I call an education