"Take Ivy League classes while snuggled cozily in bed ... for free? Sign me up," writes Annalisa Kraft-Linder. "Thanks to the growing popularity of Massive Open Online Courses, many elite institutions worldwide are offering some of their popular classes gratis. There is a hitch, however, to getting the knowledge without paying the college: Few of these MOOCs actual qualify you for college credit.

"I actually did sign up for a MOOC through Coursera.org, which offers 600 courses in several languages from universities worldwide. Aggregator sites like class-central.com list courses from Udacity, EdX (the Harvard-MIT partnership), NovoED, Coursera and more. Thanks to...

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