Wednesday, January 18, 2012

College Degree Costs

Affordable college education is still possible in both online format and traditional campus based education. Tuition at an online degree education program is often similar to that of a traditional campus based college or university. The average cost of tuition, fees, books and supplies at a public four-year college or university is $20,000. At a private school these cost can increase to $80,000.
Tuition for the same education through a four-year online program will be similar. However, at a traditional campus based college or university the additional cost of room and board, and transportation can push the costs of a four-year education at a public school to $50,000 and at a private school to $110,000!
It is easy to see the financial advantage of attending an online program vs a traditional campus based program. But are you getting what you are paying for?
According to the Sloan Consortium, which monitors online education, 62% of academic advisors believe an online degree to be as good as, or better than a traditional education. This percentage continues to rise each year, as more and more students take advantage of an online college education program. Approximately 3.2 million students are currently earning their degree through online degree programs.
Since most online students, currently are older with job and family obligations, it is clear that reducing cost for obtaining an education are of utmost importance. An online degree program is a clear winner.
As high school students are increasingly exposed to online courses the future for online degree programs continues to look bright. Many will simply slide into an online college degree program.

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