Why do you think cheating will be a problem? The style fo tests that are currently given in most academic settings are not tests of knowledge. They are tests designed to see how well you have memorized your textbook/notes/required readings. In my experience very few of my tests actually have made me _think_ and apply the book-knowledge that I gained in the class to real problems that I would be solving using the skills gained in class. The solution to cheating therefore would be tests that require you to think rather then memorize the subject matter.
But I also agree with those that say that college is more about the people you meet and things you do outside of class than it is about the classes. I think that those people who get their "degrees" from a place like this will find themselves only slightly better off than those without. I mean really as an employer who would you choose? A person who got their degree from the local Community College (or the worst college you can think of), Or would you choose the person that got their degree online?
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But I also agree with those that say that college is more about the people you meet and things you do outside of class than it is about the classes. I think that those people who get their "degrees" from a place like this will find themselves only slightly better off than those without. I mean really as an employer who would you choose? A person who got their degree from the local Community College (or the worst college you can think of), Or would you choose the person that got their degree online?