With a public four year in-state degree costing $89,044 on average it’s easy to see why anyone would be looking for alternatives. MOOCs, Massive Open Online Courses, may be the solution. Since the first MOOC in 2008, this phenomenon has been spreading amongst very well accredited colleges. The movement has grown rapidly with over 100 courses already scheduled for 2013.

See Also: 5 Potential Ways MOOCs Will Evolve

So what is a MOOC? What’s the history of MOOCs? How are they growing? What are some significant events in the world of MOOCs? This infographic from NerdWallet spells it all out.