Lets pretend that I have a PHD in some faculty of knowledge. What hoops would I have to jump through to open my own college where I can house and teach people myself and give them credits for it.

I just realized I accidentally posted this in the wrong category but I don't know how to change that... Answer the question if you can, don't criticize the category like smart ***.

The first hoop you'd have to jump through is financial. Do you have the millions of dollars required to open your own college? If not there's really no point in going through all the other criteria as your dreams of a college wouldn't be possible.

Is this something you're seriously considering, or just another hypothetical question?