Southern New Hampshire University offers the $10,000 degree
finance.yahoo.com
finance.yahoo.com
You can go to Berkeley or University of Michigan for less than that ($10-13K/yr).
Edit: some students are starting to do it: http://www.usatoday.com/story/news/nation/2013/06/25/america...
Also work permits are readily available for international students after 6 months of study: http://www.cic.gc.ca/english/study/work-offcampus.asp
In addition, I feel this program applies to such a narrow target in the post-secondary education market. Diversity of options is great. However, I'll be more interested when a university solves the problem from first principles and offers a 4-year degree in the $10K-$20K range, including the costs of books and board.