Sci/Tech The $6,600 Master's Degree

tom_mai78101

tom_mai78101

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There comes a time in every concept's life when the thing...actually...happens.

If you're reading this post, you probably already have some familiarity with all the jostling going on in the education business. You know, for instance, that a number of companies are experimenting with MOOCs (Massive Open Online Courses), tablet-based learning, and all kinds of in-school networking and Big Data analytics.

And then came last week's announcement.

Georgia Tech, one of the nation's best engineering schools, said it would begin offering fully-accredited, real-world master's degrees in computer science via the Internet. The cost: About $6,600. Or roughly the cost of a few years of interest that many graduate students pay on a big loan to fund their education.​

Here is the key line from the The Wall Street Journal's take on the program:

The upfront costs to create the online lectures run between $200,000 and $300,000, but once those hard outlays have been made the cost per each additional student is minimal, said Mr. Isbell. He estimated the school would have to hire one full-time teacher for every 100 online students as opposed to one full-time teacher for every 10 or 20 students who study on campus.
Click to expand...

Read more here.
 
FireCat said:
Well, it's not cheap
Click to expand...
Much cheaper than what we all have at the moment.

Online Master's degree courses cost about $35,000.
A Master's degree at a university costs upwards of $100,000.
 
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