"How to get a degree with free or laundered credit", from Chronicle of Higher Education

This is an interesting example of a student cobbling together an associate's degree by taking low cost courses from a variety of providers and placing them into on coherent transcript through the ACE transcript service.

Now, throw the MOOC offerings into the mix (as ACE seems to be implying it will evaluate), while maintaining the no residency requirement, and you can see how a student could put together their own degree at a much lower cost, with less face to face classroom time, than currently available. I could also see other "colleges" using their advisors to map out just such a plan for their students--or entrepreneurial students like Linder creating their own path.