As long as it’s the lower level classes then it’s fine by me. High schools offer dual credit classes where juniors and seniors can obtain college credit in classes taught in their high schools by their high school teachers.
The traditional college model (live on campus, attend classes on campus, immerse yourself in the college life) is falling apart (if for no other reason than the expense.)
A lot of colleges are fighting this because they are invested in brick and mortar, not educating students. With modern communications, there is no reason a student needs to be physically in the classroom with the teacher. Much less go through the traditional college experience.
What you learn is important. Not how you learn it.
As far as this private compnay, what do they think private colleges are? At the end of the day they are private companies.
I never went to a four-year college, so my take on the “college environment” may be flawed. In my working life, on more than one occasion, I’ve heard stuff like “I knew him in college and he was a [fill in the blanks].” and sometimes business decisions were based on that.
There’s an old joke about why women go to college - to get a MRS. degree. Maybe the male counterpart of living in a “college environment” is like going golfing with someone - you get to know/judge the character of people and/or make connections that may be useful in later life.