Ah, I understand now. You are talking about Distance Learning courses, such as offered by the OU and other Universities. There are lots of Distance Learning courses, but they are still degrees, so what's the difference? People are arguing that there is no point in getting a degree unless it leads directly to a job, in which case, why does it matter whether the degree is a Distance Learning one or a campus based one?
One of the many effects of Covid, of course, is that traditionally campus-based courses are now being taught online. It is possible that this might become the norm in the future - I think that at the very least it will expand as a way of teaching and learning.
I can see that it is cheaper for the student, but I wouldn't like to see cost being the main driver - reducing everything to monetary value rarely results in an increase in quality, in my experience.
For the record, my career was in Universities, and I have both studied and taught both Distance and campus-based courses. I am currently doing a bit of teaching on what was a campus-based course that has moved online because of Covid.
I absolutely support the idea that courses should be available online as well as on campus (particularly Postgraduate ones), but I don't think that they offer anything like the same experience, particularly for Undergraduates, who gain such a lot from the experience of living as a student.