A College Prices Its Online Programs 60% Less shares what may be the beginning of the end for college education:
Berklee College of Music’s online program, priced at just over a third of tuition for the Massachusetts institution’s face-to-face degree offerings, raised eyebrows when it got off the ground in 2013. Conventional wisdom that online programs require more resources to produce had taken hold, and pricing models that favor online students were few and far between.
Five years later, Berklee remains an anomaly in higher ed, as most institutions continue to charge the same or more for online programs as for their face-to-face equivalents. Some arguments hinge on a philosophical belief that online education should be valued equivalently to face-to-face programs, while others emphasize the significant financial burden of designing and launching online courses from scratch.
In the face of a shifting landscape, Berklee has held firm. Online tuition for a bachelor's degree will go up half a percentage point this fall, from $1,479 per course ($59,160 for a 40-course degree program) to $1,497 per course ($59,880 total), but it still remains more than 60 percent less than face-to-face tuition -- $171,520. In the last few years, on-ground tuition has increased by a few thousand dollars while online tuition has stayed the same, widening the gap between the two even farther, according to Debbie Cavalier, Berklee’s senior vice president of online learning and continuing education.
As of fall 2017, Berklee Online's undergraduate enrollment stood at 1,138 students, up from 244 just two academic years earlier. Though Cavalier’s team had worried early on that the online program would cannibalize existing offerings, campus enrollment has instead increased from 4,490 undergraduates in 2013 to 4,532 in 2017, even as online has grown more popular.
For decades the cost of higher education has climbed twice as fast as inflation. This can't continue.
Online education is a via option which may replace brick and mortar colleges.
Hat tip: TaxProf Blog
2 comments:
Great article and really informative, It's true that Online schooling is replacing traditional school due to many reasons. Things have so changed that some of the Online
Schools have best resources of education in less cost. So people are moving towards online school.
I have a two son elder son has started his Online High School and the younger son is being homeschooled by me. Both are doing well in their curriculum and elder son has improved so well, he is getting great help from teachers.
Technology is also changing standardized testing.
My name is Naomi Popp and I am the Director of Homeschool Outreach for the Classic Learning Test (CLT).
The CLT is a new exam for college entry standing independent of the Common Core, accepted at 136 colleges, and tied to over $10,000,000 in scholarships. The CLT is taken online in 2 hours with same-day test results.
If widely adopted, the CLT would change the future for your students.
We usually contact high school organizations. However, I am interested in your thoughts on this 3 year old exam, and would like to know if it would make any changes in your students early education. I would also like your opinion of the CLT author bank.
https://www.cltexam.com/authors
3 free practice tests are available through free CLT account, which can be made here. www.cltexam.com/register
Warm regards,
npopp@cltexam.com
Naomi P.
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