I wish this was how college worked; everything is free, except to sit for an exam and then to obtain the degree itself.
Colleges could structure degrees and majors by examination and interview, rather than by "credit hour", which itself is a meaningless assessment of comprehension.
As an example:
"The University of College offers a Degree in Electrical Engineering, offered at the following levels:
- Associate (At least a 60% in the following examinations: Classical Electricity, Circuit Design, ...)
- Bachelor (Meets Associate requirements plus at least an 80% in the folowing examinations: Signal Analysis...)
- Master (Meets Bachelor requirements plus at least a 90%...)
- Doctor (Meets Master requirements plus three original research publications...)
"
HOWEVER--this would require the total dismantling and reform of the student loan industry, academia itself, and the secondary market that's sprung up around college being a "part of life" for young adults. "College" is a many-billion dollar industry and very few peoiple want it disrupted to the degree that it would require to move to an examination-based format, with the exception of builders and technicians (engineers, etc.) who are actually trying to filter on skill when they hire.