Friday, October 14, 2016

An Online Education Breakthrough? A Master’s Degree for a Mere $7,000 - Kevin Carey, NY Times

Georgia Tech's master’s in computer science costs less than one-eighth as much as its most expensive rival — if you learn online. And a new study by Harvard economists found that in creating the program, Georgia Tech may have discovered a whole new market for higher education, one that could change the way we think about the problem of college costs. Georgia Tech rolled out its online master’s in computer science in 2014. It already had a highly selective residential master’s program that cost about the same as those of competitor colleges. Some may see online learning as experimental or inferior, something associated with downmarket for-profit colleges. But the nation’s best universities have fully embraced it. Syracuse, Johns Hopkins, U.S.C. and others have also developed online master’s degrees, for which they charge the same tuition as their residential programs. http://www.nytimes.com/2016/09/29/upshot/an-online-education-breakthrough-a-masters-degree-for-a-mere-7000.html