The Value of Education: June 29, In: Research institutes, the media and everyday people are asking the big question:
Are Online Degrees Worth It? This statistic may surprise many readers, considering the exponential increase in the cost of education during that period. In an effort to stem the rising costs of higher education, colleges, universities, and for-profit institutions have turned to technology.
And inone-third of all students were enrolled in an online course. Perception of an Online Degree The question of whether an online degree has less value than a traditional degree has smoldered for years. Other findings include the following: In any event, the various reports indicate that online education continues to have a questionable image in the minds of many employers and students.
Students pursue online degrees for a variety of reasons. Many adults work full-time jobs to support families, eliminating their ability to attend school full-time.
Others have all-consuming parental duties. Some students are located in areas where classroom instruction is not easily accessible, while others cannot assume the costs of attending a traditional brick-and-mortar college.
However, some universities charge more for online courses since they frequently cost more to develop and maintain. In addition, an online student incurs costs for a computer, software, and Internet fees that may not be necessary when learning in a traditional classroom setting.
In other words, tuition and fees are likely to be the same whether attending a school remotely or onsite, although there may be savings for an online student because of the elimination of lodging and board expenses.
On the positive side, many employers reimburse staffers for all or a portion of college costs, without distinguishing between online or in-person attendance.
New York University School of Continuing and Professional Education, among other institutions, recognizes that employers often reimburse after completion of a course and are therefore willing to defer payment of tuition until grades are distributed. If they have guaranteed payment, they are obligated to fork over tens of thousands in student loan debt.
Many people erroneously believe that such abuses have been curtailed, even eliminated. The best advice when considering either a traditional or online setting for a degree is to avoid unaccredited institutions or institutions with accreditation from unknown agencies.
However, many employers prefer a traditional setting for a STEM degree, believing that the experience produces a better-rounded, better-educated graduate. Sponsoring Institution Name recognition and familiarity may be the most important factors in the evaluation of an online degree.
When referring to schools that offer such degrees, reputation is as important to the student as location is to a retailer. Accreditation Agency Avoid any institution whose educational programs are not accredited if you intend to use the diploma for more than a wall hanging.
While students may not be familiar with accreditation agencies, employers know their value, particularly those with designated HR departments.
They are likely to simply discard resumes featuring online degrees from non-accredited institutions. Accrediting Commission of Career Schools and Colleges Accrediting Council for Continuing Education and Training Accrediting Council for Independent Schools and Colleges Council on Occupational Education Distance Education and Training Council, Accrediting Commission In addition to the above, there are a number of official accrediting agencies whose authority is limited to specific geographic regions and institution types:You might be surprised to learn, then, that the actual poll of 30, college alumni found that the vast majority of college graduates agreed that their education was worth the cost.
Despite the arguments against it, a college education still has very concrete value in the job market that is hard to replace. Times When College Might Not Be Worth It.
There are a few specific instances when a college education may not be worth the time and effort. I do not believe that everyone getting a College education will make college lose its “higher” qualities. Its higher education because of its rigour over high school and academic value, not .
Among those to year-olds not enrolled in school, whether high school or college, more are working, fewer are unemployed and a smaller share are out of the labor force entirely. Not only was college too expensive to waste, but attending higher education was considered a privilege, not a right.
These days – if the news is anything to go by – the serious students are in. In "Is College Worth It? A Former United States Secretary of Education and a Liberal Arts Graduate Expose the Broken Promise of Higher Education " conservative pundit William Bennett weighs the .