This interview with Lewis J. Perelman examines issues raised by his recent book, "School's Out" (1992), which describes the current educational system as an obsolete technology that is rapidly being replaced by the new metaprocess of hyperlearning. Hyperlearning will combine teaching and learning with artificial intelligence, broadband telecommunications, information processing, and biotechnology to transform the world's economic order. This style of learning will emphasize active, student-directed experiences rather than institutionalized, teacher-directed instruction. The present educational system is less and less able to meet the needs of rapid change exhibited in industry and society. Perelman observes that community colleges are in a better position to adapt to these changes than other segments of higher education, since community colleges are generally more flexible and consumer-orientated, and already serve in many ways as community learning centers open to all individuals. He maintains that the one great strength of the American educational system is its great diversity, a factor that may allow it to adapt more easily to change than more centralized systems found elsewhere in the world. (MDM)