4 ms·
Will students fork over $60K for an online master’s degree in data science?
- jcnnghm 13y agoIf the risk and time-adjusted reward is greater than $60,000, probably. But in the long term, the cost structure of online courses is radically different than in-person. I would expect institutions that don't adopt to fail in the long term, as new providers with the lower cost structure enter and dominate; classic disruption. Their strategy right now would have been like if Apple released the iPad for $1,599 instead of $499 out of fear of cannibalization of their laptop market. If there is a way of offering a substitute at radically lower cost, somebody is going to cannibalize, it's just a question of who. If Universities don't do it to themselves, they should expect a slow and steady decline.
- MikeTLive 13y agoIf I am only paying for courses that I have passed and truly learned what goes into the degree--- perhapse. Only pay when the MS gets paid. This discourages "worthless degrees but might stop caligraphy courses and their unintended benefits. (A similar model for medicine would be great. Pay to stay healthy charge back when you are sick. It becomes cost effective to produce cures and vaccine which prevent outbreaks. Distribute the care costs. ..)
- deleted 13y ago[deleted]
- FellowTraveler 13y agoIf you want to get an education, and you are a self-starter, then I recommend search engines and Wikipedia. Universities were invented in the middle ages before the Internet existed.