I've been slowly working through Breaking Tradition to Accomplish Vision: Training Leaders for a Church-Planting Movement by Paul R. Gupta and Sherwood G. Lingenfelter. Basically, it's the story of how Hindustan Bible Institute broke away from the tradition paradigm of Theology School and Seminaries. Instead of seeking accredidation from outside groups and exclusively teaching in the formal setting, this institute has sought to truly train leaders to plant a new church in every village in India.
As a current graduate student, this raises some interesting questions. How important is proper accredidation for a school? Does God measure a school the same way that we do as students? Is the purpose of an undergraduate degree, or even a masters degree, only to prepare a person for more education or is it to make a difference in the Kingdom right away?