While online colleges have revolutionized higher education, they have unintentionally spawned a black market for college degrees. There are online “colleges” out there that are nothing more than degree mills. They will give any degree of any level to its “students”, as long as they can afford the price tag. These degree mills legally get away with this by calling their degrees “life experience” degrees. They offer you credits based on your personal and career experience. While the concept itself of life experience credits is legitimate, these fake colleges are abusing the concept to sell a degree to anyone for the right price.