Do we understand the price elasticity of online learning?
Reported by EdSurge, while one promise of online education has always been that of scale, many institutions find online learning infrastructure more expensive to build and maintain than their in-person learning environments, all while keeping capped class sizes to ensure more personalized student attention. As such, only 20% of institutions surveyed charge less for their online courses as they do for their in-person modality.
The takeaway? For online education to live up to its accessibility promise, do we need to figure out a way for it to be more economically accessible as well?
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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