100% agree on transparency.
My other thoughts are very similar - it’s just that I see traditional universities as one entity, and what you describe here as a completely new offering, related to the Internet and specialisation of knowledge workforce.
University always reminded me of “ a whole” in Latin, it always was a place to get my views challenged on as many levels as possible, without limiting myself to one particular field of study. I’d suspect to be pushed outside of my comfort zone and discipline almost by definition. You “educate” yourself, that is “change from within” yourself as a whole human.
I see MOOCs and specialised IRL courses as a place to learn one and only one thing without all that other “university” approach. Get exactly what you pay with all expectations met and no thinking boundaries crossed into unexpected disciplines. That’s what I do when I need some specific skill set, not a general thinking revamp.
So yeah, I agree and disagree. I want traditional universities and I want new form of education with bits you can choose 100% yourself, dollar to dollar.
So far looking at MOOCs, I’d say we are on a good track.