Kitty Porterfield:

As the cost of a college education continues to skyrocket, one online program offers a way for smart and savvy students to avoid amassing a mountain of debt.

The College Level Examination Program, a credit-by-exam program administered by the College Board, helps students avoid the time commitment and financial burden of taking required general education subjects that they mastered in high school, like algebra, calculus, biology, world language, U.S. history, government and others.