A good portion of a degree's value is in its branding/prestige value. It's not just about the knowledge, it's about the overall reputation of an educational institution. The material at Penn State is 99% the same as MIT's. If this weren't the case, MIT and Stanford would have lost their luster to public schools decades ago.
Unfortunately I don't see a degree from a website named "Udacity" garnering anywhere near the level of respect that a traditional university has. Step 1 to bringing down the university system: pick a decent name.
Unfortunately I don't see a degree from a website named "Udacity" garnering anywhere near the level of respect that a traditional university has. Step 1 to bringing down the university system: pick a decent name.