A degree program can be fast tracked in several ways. Fast-track programs are generally referred to as "Accelerated Education" programs, and there are a number of these available through reputable educational institutions such as universities and colleges. The programs make use of options such as studying online to capitalize on the time available instead of sticking to traditional semesters, or finding ways to obtain credits that will exempt the student from having to take classes or exams for some modules.
Many online opportunities offer the chance to complete a degree in a fraction of the standard time. This type of program allows students to transfer credits gained previously and to sign up for tests that can exempt them from some of the basic courses. Study can then proceed at whatever pace the student can handle; the coursework for a bachelor's degree, which usually takes four years to complete, can be turned around in half that time.
Since the 1930s, the United States has used a process of evaluating extracurricular study, professional, military or work experience to assign academic credits. Organizations such as the American Council on Education (ACE) provide guidelines that are used by educational institutions to assess the value of a student's experience. Assessment is done individually and is based on whether or not the student's former education or experience covers the content of a module. If so, either the coursework or the exam for that module may be waived. Students at the University of Maryland, for example, can obtain up to 15 credits through RPL, the equivalent of five modules.
The University of Maryland and Arcadia University are examples of institutions that offer accelerated bachelor's and master's degrees in areas including business, psychology and environmental studies. With a huge number of "fake" degrees being marketed -- particularly online -- prospective students need to be diligent about ensuring that the program they are considering is accredited. The website Online Degrees is an education portal that provides advice on how to differentiate between a fake and the real thing, and links to the U.S. Department of Education's searchable database on accredited institutions and programs.