This is interesting stuff from the University of Maine at Presque Isle.  UMPI is providing a a way to get a 4 year college degree for under $10,000.

According the Associated Press UMPI announced Monday that it's offering a competency-based education degree, a bachelor of business administration, to be offered online this fall.  It starts this fall.

President Ray Rice said the degree targets the estimated 200,000 adults in Maine with some college but no degree, and lets them save money and move at their own place.

It works like this: Students get credit for prior learning and work experience, and an education coach establishes an individual learning plan for remaining competencies.

The University of Maine at Presque Isle is the first public university in New England, and one of a small number across the country, to offer such a degree program according to the Associated Press.