U. Phoenix is just the beginning. I can see where someday some excellent professors getting together to form an Internet University that blows the doors off so-called “elite” institutions.
Yes, but how much will they charge? They will not work out of the kindness of their hearts. They will charge what the market will bear. In this case, that’s quite a bit. Have you ever done that math for how much a degree costs of U of P? We checked into it about 6 years ago and it was outrageous. They are very secretive with how much it will cost, too. They would not give me the numbers up front. They finally gave me a per credit price, then it took many more minutes of haggling to find out how many credits were needed for a degree. I forget the numbers now but it was comparable to a private school. There are many schools like U of P that are sued every year for making fraudulent claims and charging outrageous amounts for worthless degrees.
I got my teaching credential through a state program that cost $4000 total and allowed me to work while I got it. It is an excellent program and I got much better training than in a traditional setting. It was internet-based, but grounded in a state university.