I think it would be interesting to know how much you feel this process has influenced the actual curriculum and delivery methods. The last thing we need right now is a regulatory approval process creating some kind of pedagogical monoculture that doesn't allow us to explore new ways of educating folks young and old. There are certainly risks involved with deviating from the norm, but there are undoubtedly rewards waiting to be uncovered as well.

I think the main thing regulation should do is help manage how much risk the students are exposed to. They can filter out low effort scams while allowing experimental programs that can rationalize their approach a wide latitude to innovate and even fail. Based on my cursory assessment of Lambda's model, they would likely survive this type of scrutiny.