The Future of Higher Ed - $99 a Month?

For awhile now, I've been intrigued by StraighterLine - a company founded by Burke Smith - that offers online introductory courses for $99 a month. Fox 5 DC did a special report on the company last night. The video is posted above. For those of us who believe that technology is necessary to alleviate the rising cost of college, StraighterLine is an exemplary example of how this is possible. It is able to drive the non-labor costs of providing instruction near zero using the power of the internet.