Online courses can reduce the costly sting of college

Daniel de Vise:

Inessa Volkonidina had taken precalculus once and dropped it. She needed to take it again, and quickly, to fulfill a graduation requirement at Long Island University. She went online and found a company with an odd name, StraighterLine, that offered the course on even odder terms: $99 a month.
She thought it might be a scam. But StraighterLine, based in Alexandria, is a serious education company and a force that could disrupt half a millennium of higher-education tradition. The site offers students as many general-education courses as they care to take for a flat monthly fee, plus $39 per course. As college tuitions go, it is more on the scale of a cable bill.
The courses, standard freshman fare such as algebra, are cash cows for traditional schools, taught to students by the hundreds in vast lecture halls. They generate handsome profits to support more costly operations on campus.