Disclosure: My spouse teaches online for Phoenix. Phoenix's success and also a source of criticism is due to its liberal admissions policy and therefore it accepts students who might not be considered fully prepared for college level courses by other institutions. People can legitimately come down on both sides of such an enrollment policy, on the one hand, it can be argued that it deprecates the value of a college d…
I'm all for seeing what market forces can do to improve education. But I'm worried that a lot of these students are going into massive debt to get a degree that won't be valued in the marketplace, due to lack of academic standards.