Now, educators in Wisconsin are offering a possible solution by decoupling the learning part of education from student assessment and degree-granting.
In addition, the University of Phoenix is a private, all-Internet, degree-granting institution.
It is a small but growing share of the roughly 13, 000 business degree-granting institutions world-wide, according to the Association to Advance Collegiate Schools of Business, an accrediting body.
But degree-granting institutions have to take a different approach.
FORBES: MOOCs Are No Education Panacea, but Here's What Can Make Them Work
Alternately, we could encourage the university system to be more responsive to market forces by creating a no-frills, federal degree-granting body that awards certificates to students who pass exams in a given subject.
Other universities, such as Stanford University, the University of Chicago Graduate School of Business and Carnegie Mellon University, are affiliated with UNext, a privately held company that has just started a degree-granting online university focused on business training.
The reason for this is because, according to the Department of Education, high school students are not technically enrolled in a degree-granting program because they do not yet have a college diploma, even though they are earning college credits.
The Stanford proposal, submitted in response to a New York City request for expressions of interest, outlines a high-technology campus that could be constructed in phases over 25 years to provide graduate degree-granting programs for students in engineering, computer science and business.
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The National Center for Education Statistics, a branch of the U.S. Department of Education, also found that the total enrollment in distance learning courses across all post-secondary degree-granting institutions roughly doubled -- from 754, 000 to 1.6 million -- from 1995 to 1997-98.
CNN: fyi.com - Study: Public higher education embracing virtual classrooms
Serbia insists that Friday's deal, granting a high degree of autonomy to Serb-majority areas in northern Kosovo, does not mean that it has recognised Kosovo's independence.
The bipartisan plan unveiled Monday proposes, among other things, an expansion of the H-1B visa program and granting green cards to anyone with an advanced STEM degree from an American university.
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