As a counterpoint, this would not be the first program to be evaluated on the basis of limited exams. Quantic's MBA and EMBA programs base 60% of the grade on two exams, a "midterm" covering Accounting, Statistics and Economics, and a final covering the remainder of the courses (Marketing, Leadership, Operations Management, etc.) India has the concept of a "one sitting degree" (now discontinued due to fraudulent copycats I understand, but valid when delivered by a legitimate university.) A student who completed a "one sitting" degree would study for a period of perhaps 10 months and then during the 2-month exam season would sit all the exams required for the 4 year program. If they passed those exams, they would be awarded the credit for the degree immediately. The GED is intended to be equivalent to a 4-year high school education (and is treated as such by all but the snobbiest of schools) and that is either 1 or 4 exams depending on how you look at it, taken over 8 hours.