In the book, Mr. Khan also advocates for a separation of universities’ teaching and credentialing roles, arguing that if students could take internationally recognized assessments to prove themselves, the playing field would be leveled between students pursuing different forms of higher education.
Removing our heavy reliance on higher ed credentialling seems central to his idea, and yet the proposed solution is simply "internationally recognized assessments", which sounds suspiciously like "standardized tests" to me.
Sadly, many professions are not well-evaluated by standardized testing. This is not for lack of trying -- we already have the GRT and all of its related subject tests, plus the entire raft of tech-related certifications that aren't worth the paper they're printed on (remember "A+ certification"?). Grad schools look at GRT results, but usually only to make sure you didn't completely bomb the test.
This is the hard part, and will require a lot of careful though to untangle.