I happen to completely agree with him. I am in no way against education and learning, and as a matter of fact I think education and learning should continue until one hits the grave. However far too much of modern “higher education” is restrictive and self-limiting indoctrination, not innovative discovery and brilliant invention, so I entirely understand his point(s).
However I am also of the opinion that efforts such as this should hardly be limited to those under 20 years old. After all who has their very best ideas in life when under 20, or even in their 20s? Not many people.
Young people may be filled with passion (and have some ability to focus without the distraction of family and other obligations) but they are also usually naive and inexperienced about/with how the world actually operates, and they lack the motivations of family and children as an impetus to achievement, and those are big disadvantages in regards to real drives and motives for long term business and creative success.