@tkioz "While it would be easy to take pot shots........" I agree with your posting in terms of.....
.........what has been presented in this article. However, it now appears that someone has rather jumped the gun on this issue.
"I don’t care what they do; we don’t regulate them," George Roedler, the manager of institutional registration and licensing at the Minnesota Office of Higher Education, told Ars on Thursday.
"I specifically said that [Coursera] didn’t have to put anything on their website. They could do what they wanted. They could ignore it. They chose this route and the reason I believe they did it was to try to protect the schools in their wake. So be it. That’s what they did."
http://arstechnica.com/business/2012/10/no-minnesota-did-not-kick-coursera-out-of-the-state/
It seems that Coursera were simply taking a "just in case" belt and braces approach to their "terms and conditions" when people sign up with them. "I don’t care what they do; we don’t regulate them" does seem to be fairly explicit! At the very least Coursera do not appear to be the target.
Choice of icon? Well, in the context a mortar board did seem appropriate. :)