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diploma mill

noun
  1. an organization claiming to be an institution of higher learning but existing for profit only and granting degrees without demanding proper qualifications of the recipients.
  2. a college or university having such a large number of students that none receives individual attention from the teachers.
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Origin of diploma mill

First recorded in 1925–30
Also called degree mill.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018