The University of the People (UoPeople), a fully accredited online college, provides an affordable Business Administration or Computer Science degree (B.A. or Assoc.) to any high school graduate in the world with access to the internet (doesn’t have to be high-speed).
The interactive, virtual university has no facility costs, no textbooks and the professors volunteer their time. Though, the model is designed to limit the time commitment by faculty members which includes chancellors, presidents and other high-performing professionals.
Students are asked to pay $100 for exams which are graded by supervised peer review but scholarships are available in the case of financial hardship.
This is just one example of how technology can disrupt any industry, in this case, the business of higher education.