Figuring out the cost of online learning
Tuesday, 17 May 2011
The debate around the actual cost of online learning, its impact on and benefits for different types of educational institutions and teaching situations is as ever-present as the discussion surrounding possible existence of extraterrestrial life forms or trying to find any underlying logic behind stock market fluctuations.
It seems impossible to identify a figure universal enough to withstand any kind of possible variables that might occur in different institutional settings. Impossible, unless perhaps you are Tony Bates, a well-renown expert in distance education and e-learning and President and CEO of Tony Bates Associates Ltd. He took a fully online master programme at a large research university in Canada, analysed its costs over seven years, calculated the cost per student and divided it by the number of hours of study. You can find out the result and more about his approach here.