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Programs and organizations like "UnCollege" and the "Thiel Fellowship" provide low-cost, low accreditation practical alternatives to college. Part of the changing landscape of higher education, perhaps one that reinforces the MOOC revolution. New York Times, "Saying No to College".

The possibility for MOOC's to gain some legitimacy by offering credit through the administration of a fee-based exam.

There is an "uncollege" movement that encourages people to complete college degrees by pursuing self-study, then taking CLEP exams to gain college credits. The problem has always been that many higher-priced/name-brand colleges (e.g. Harvard) don't accept CLEP credits, requiring students to pay for credits the old-fashioned way. I wonder whether established schools will accept credits from MOOC courses.