Good insight, thanks for this response. Yes, there definitely would be a great need for communication among faculty to have some sort of standardized (and reliable/unbiased) resources for identical classes taught by different professors and teachers, but it would definitely be well worth it. Once the system is in place, it can be built upon and improved over time, just like with anything else! A big issue could indeed be the unreliability of information online, but if sources can be verified in some way as credible, then that would eliminate this issue.
I definitely agree with this, AND it would drastically reduce costs. As Curtis mentioned below, many of the intro-level courses at colleges are weed-out, lower-division core requirements, which can be taken anywhere at a substantially reduced cost. An even better implementation of this may be to incorporate it at the high school level, with more dual-credit and more accessibility to AP exams. I know that not all schools have this right now, and it's a bummer that more kids can't save money through these avenues.