MIT to offer online courses for free

MIT to offer its courses free online by year end - CNN(Reuters story): http://www.cnn.com/2007/EDUCATION/03/11/mit.online.reut/index.html?eref=rss_education
“The Massachusetts Institute of Technology will become by year’s end the first U.S. university to offer all of its roughly 1,800 courses free on the Internet, a school official said on Friday…Online students will not be able to earn an MIT degree or have contact with faculty at the university, located across the river from Boston in Cambridge, Massachusetts.”

Sadly in our world its that sheet of paper that matters and not the knowledge you actually possess.