There already is an accredited university at which you can get a BA at for around 10k if you end up taking 4 years for the required classes that Western Governors University. It's got a really good IT program and from what I understand the Nursing program is excellent as well. The also have an business program and a few others which I don't know anything about personally so can't say how good they are. But I can tell you that the IT program has a decent breakdown and the medical informatics degree is challenging. The database focused gives you certification with both Oracle and SQL Server. But it leaves out the indoctrination stuff so may not be attractive to the more liberal education group.