A Sensible Higher Ed Business Model for Online Degrees: Are We There Yet?

Jim Shimabukuro, educational technology & change, Jun 23, 2015
Commentary by Stephen Downes

"For students from low-income families, the bottom line is tuition that can be paid through minimum-wage part-time jobs. In other words, can they earn enough working 20-30 hours a week to pay their tuition?" This is in a world where minimum wage (relatively speaking) and tuition is increasing. But it's a key figure: it's what allows a person to be able to keep working while obtaining an education, which (with luck) will vault them into more meaningful and rewarding work. And - says Jim Shimabukuro - we're on the verge of getting there. "The key to lowering cost is the elimination of irrelevant fees that have been historically associated with on-campus, face-to-face courses."

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