[briancooley]

Maybe not, but Stanford, Princeton, Berkeley, and the other institutions offering courses via Coursera grant degrees. From the update:

State law prohibits degree-granting institutions from offering instruction in Minnesota without obtaining permission from the office and paying a registration fee. (The fee can range from a few hundred dollars to several thousand, plus a $1,200 annual renewal.)

So this amounts to a relatively small money grab for all practical purposes.