When Colleges Forget the Calendar and Focus on Mastery Instead

Scrap the lecture halls, final exams, degree plans, and traditional semesters. In a growing segment of higher education, students can enroll in a personalized online degree program that allows them to move through lessons as quickly as they can demonstrate mastery of the material. Formally known as competency-based education, this format gives students the opportunity to draw from the skills and knowledge they may have acquired during  decades of on-the-job experience in their fields and offers the flexibility that advocates say could do a better job of reaching a demographic of students who have been traditionally underserved in conventional degree programs.

・ From Atlantic