Introduction
Throughout the United States, students are enrolling in colleges and universities at records numbers. This trend is occurring in spite of the hard to swallow increases in tuition and fees by institutions of higher learning. For example, attending a two-year college in 1980 would cost a low-income family 6% of their income; in 2000, the number was 12%. Those attending four-year schools in the same period spent 13% in 1980 and 25% in 2000 (Higher Education , 2012). The cause of the increase has been contributed to higher education cost, an increase in technology, and other educationally related expenses. As a result, it has become more and more difficult for those in middle and lower-income families to attend college. The persistent increases in tuition, along with government assistance targeting certain demographics and family income not keeping pace, has made it difficult for some to earn a college degree. Therefore, as America opens her classrooms in search for her next great scientist or mathematician, she systematically locks the doors of opportunity to a large portion of her population.
In this article, we will explore the business of Online Education. In consideration of the Online Education industry, we will discuss the cost of online versus traditional education, the financial challenges that face the American public and some of the pros and cons of online versus traditional schooling. We’ll sum up the conversation with a look to the future and how technology may effect the world’s educational system as a whole.
History of Distance Learning
“The history of distance education could be tracked back to the early 1700s in the form of correspondence education, but technology-based distance education might be best linked to the introduction of audiovisual devices into the schools in the early 1900s” (Jeffries, 2012). Technological advances throughout the course of the 1900’s have made distance
Bibliography: Chaffee, J. (2012). Thinking Critically (TENTH EDITION ed.). Boston, MS: Wadsworth. Education, C. C. (1972). The Fourth Revolution: Instructional Technology in Higher Education Higher Education . (2012). Retrieved 2012 йил 04-02 from Losing Ground - Profiles of American College Students: Jeffries, M. (2012). Research in Distance Education. Retrieved 02 10, 2012, from MA Distributed Learning: