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The American Council on Education this week announced that 15 more colleges have joined an alternative credit consortium the higher-education umbrella group created last year. The new institutions will join 25 other colleges -- collectively representing a broad swath of higher education -- that have agreed to accept all or most of the transfer credit students seek after successfully completing courses from a council-created pool of about 100 low-cost online courses. The pool includes courses offered by online institutions and nontraditional providers. ACE is collecting data and tracking success rates of students who transfer in with consortium-approved course credits.

"This project already is yielding enormous benefits, adding to our body of knowledge about the most effective ways to go about increasing the number of Americans able to earn a college degree or credential by using education, training and life experiences gained outside of a formal higher education classroom," said Molly Corbett Broad, ACE's president, in a written statement.