Source: Inside Higher Ed, Aug 2012
he Saylor Foundation has nearly finished creating a full suite of free, online courses in a dozen popular undergraduate majors. …
Students have already started taking the classes, and can earn non-credit bearing certificates. But thanks to newly-forged agreements with Excelsior and StraighterLine, the foundation now provides an indirect route to college credit.
Excelsior is a private, nonprofit college that offers relatively inexpensive, online degree programs. The regionally-accredited college is also one of the first to have competency-based programs, where students can take Excelsior-developed examinations in a fairly broad range of subjects – earning credits without having to take classes. *The exams are worth three to six credits, and typically cost *$95.*