I can't imagine how dumb our next generation would be if the Internet did not exist. With the many restrictions on our school systems, rising student/per teacher ratios and lowering budgets on education - we are also seeing dramatic rises in college tuition but a lowering in salaries in regards to inflation (going back 50 years).
Because of all this, students have less one-on-one time with teachers, teachers don't get paid enough to care (unions keep many employed anyway), and the restrictions on what can/can't be taught in school is so limited that there is little time left for creative thought or communications building amongst peers. Even if students do make it out of school (with less knowledge than previous generations) they head into college where the average cost of a 4-year university has doubled (in just the past 15 years http://federalstudentaid.ed.gov/static/gw/docs/FiveYearPlan_2012.pdf), meaning more students are going in debt for higher amounts just to obtain a degree for them to stand in line with the other students who now have an overpriced/under-delivered education - where many now have degrees in dying industries.
So again, I go back to my original statement. the Internet may just be saving our next generation. People are free to learn what they want/when they want it, all for the price of $39 a month.
Do I think the Internet is better than one-on-one learning? Absolutely not. But if we don't stop this decline of our standards in our Education system, it may turn out that way.
(Do I have a solution? No. But isn't that why we pay our Congressmen/Legislators?)