Some time ago I toyed with the idea of getting a grad degree for "resume dressing" purposes optimized for price/prestige/convenience. I was pleasantly surprised that there quite a few options after you get over the signal vs. noise problem: finding legit, accredited schools in the sea of diploma mills who spends a ton on marketing on spam (just google "online degree").

The best place I've found to do research on accredited programs (both undergrad & grad) school that cater to adult students is http://www.degreeinfo.com/forum.php. It is the home of a community of people who are good at hacking the diploma game and share their info readily. Folks there tend to favor schools that are in the spirit of this school in the OP article (price/prestige/convenience) but there is quite a good range of schools discussed (for example Duke U.'s MBA program tends to be reviewed favorably as is Delaware for undergrad). There even intrepid individuals there who had foregone the traditional 4 year, "physical seat" undergrad for 2 years of working part-time and distance learning (can be with CLEP exams and the right program).