I do think you have a fair point. I suppose that some of the more mercenary universities (or those that can't attract a lot of physically present students) may

I do think you have a fair point. I suppose that some of the more mercenary universities (or those that can't attract a lot of physically present students) may do the math and realise that they can make more money in total by going for the "pile 'em high and sell 'em cheap (on the internet" approach.