Last year, Champlain College slashed their online undergraduate tuition in half.
Reported by Inside Higher Ed, since then, they’ve doubled their online enrollment.
Across higher ed, online pricing has remained relatively similar to on-ground pricing for many reasons. One being that launching online programs can be extraordinarily expensive from a technology and curriculum development standpoint. And second, many colleges have tried to maintain the small class size promise of their institutions, and avoided trying to scale.
Champlain is in this second camp, with their online courses still capped at 25 students.
But if they can figure out how to make their current $318 per credit hour make financial sense, just think of what they can do at scale?
The takeaway? We still have our work cut out for us in defending the quality and rigor of online education, but once it’s half as expensive, too? That’s the game changer higher ed has been talking about for 15 years now.
May you continue to fight the good enrollment growth fight at your institution today, and we’ll see you again tomorrow.
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