A popular question about college is why it costs so much. The usual answer has something to do with retrofitting hundred year old buildings to accommodate technology and the general rising costs of supplies and services on campus.
MOOC's or Massive Open Online Courses that serve students in an online distance learning format may level the playing field in college costs. There are no dorms or other on-site costs other than technology and faculty costs. MOOC's started as free, non-credit courses.