The Future of Online Education

267 FROM THE CLASSROOM TO THE COMPUTER THE FUTURE OF INline Education 360° e=mc? ん + 19 9. V25 COLLEGE ENROLLMENT BY THE NUMBERS U.S. UNIVERSITY ENROLLMENT 1994 14.5 MILLION 2009 20.7 MILLION Projected +16% undergraduate Projected increase in +13% first-time freshman growth between 2008-2019 enrollment between 2008-2019 AVERAGE WAGES* NO HIGH SCHOOL DIPLOMA $23,504 HIGH SCHOOL GRADUATE $32,900 4-YEAR COLLEGE DEGREE $54,756 *According to the Bureau of Labor & Statistics, March 23 , 2012 ITUITION A BRIEF HISTORY OF DISTANCE AND ONLINE EDUCATION AVERAGE COST PER SCHOOL YEAR AT A PUBLIC, 4-YEAR UNIVERSITY* 1960 The University of Illinois develops PLATO, a system designed to share notes online $8,655 1996 Web Course Tools (WebCT) is developed by University of British Columbia researchers; Indiana University-Purdue University Indianapolis developed ONCOURSE $5,213 $2,225 $2,423 $3,806 1972-73 1982-83 1992-93 2002-03 2012-13 1997 Blackboard Academic Suite is released *In 2012 dollars ONLINE EDUCATION BY THE NUMBERS 6,700,000 Number of students enrolled in at least one online course* *2012 Survey of Online Learning This equates to 32% 32% of all higher education enrollment! 3,000,000 Number of students enrolled in a full-time online college 89% 72% 10 :1 Percentage of public four-year universities and colleges that offer online courses Percent completion rate for students who take online courses at a community college Ratio at which online colleges are growing compared to traditional universities IONLINE EDUCATION: A BREAKDOWN MOST POPULAR ONLINE DEGREES* "According to EducationDynamics, 2012 BUSINESS #1 ADMINISTRATION NON-PROFIT UNIVERSITY OR COMMUNITY COLLEGE FOR-PROFIT EDUCATION #2 ACCOUNTING INFORMATION #3 TECHNOLOGY $15,321 Average amount $3,017 spent on students #4 FINANCE Average tuition costs after grants $26,600 $31,000 #5 PSYCHOLOGY 65% Graduation 28% rate Percent of students taking out loans 48% 96% WHAT IS THE FUTURE OF ONLINE EDUCATION? The MOOC. A MOOC is a massive open online course program that offers free or affordable classes, often with the participation of major universities KEY ATTRIBUTES FREE TO JOIN AND TAKE COURSES THOUSANDS OF STUDENTS PER CLASS SELF-PACED LEARNING Udacity, one of the largest MOOCS, offer an entirely MOOC-based Master's Degree in conjunction with AT&T 3 and Georgia Institute of Technology. The on- campus equivalent is $40,000. NO In February 2013, the GRADING CAN BE DONE COLLEGE CREDIT GIVEN SOME MO0Cs OFFER American Council on CERTIFICATES OF COMPLETION FOR A NOMINAL FEE Education approved five BY AN INSTRUCTOR OR YOUR PEERS MOOC courses, in the fields of science and math, for college credit. It's up to the schools to decide if they want to accept the credit. MAJOR PLAYERS edX COursera UDACITY • Founded by Anant Agarwal of MIT as MITX in December 2011 • Founded in February 2012 by Sebastian Thrun, David Stavens, Mike Sokolsky • Founded by Andrew Ng and Daphne Koller of Stanford in April 2012 • Partnered with Harvard in May 2012 and became edX • 62 total academic • First courses, CS 101: Building a Search Engine and CS 373: Programming a Robotic Car, offered February 20, partners across 17 countries • First course, 6.002x: Circuits and Electronics, offered in March, 2012 under MITX banner • Five courses available for college credits • 3.2 million registered 2012 users Focuses on math and • Operates as a non-profit • 370,000 registered users • 40% of students are from the US computer science courses • 400,000 registered users I MOOC FACTS Percentage of universities 2.6% that currently have a MO0C Course completion rate of MO0C students 15% 9 4% Percentage of universities that have MO0CS in the planning stages* 33,000+ Students enrolled, on average, per class MBA 2,000,000 enrollment across Coursera, edX, and Udacity Approximate total Psychology Finance $60 million Amount given to Harvard and MIT to start edX IT Venture capital funding $21.1 million aised by Udacity ACCounting BUsiness the Edification SOURCES w.foxbusiness.com/personal-finance/2013/01/28/higher-education-trends-ta-watch-far-in-2013 http://bits.blogs.nytimes.com/2013/01/17/measuring-the-success-of-anline-education/ http://www.edtechmagazine.com/higher/article/2013/02/11-enlightening-statistics-about-massive-open-online-courses http://cit.duke.edu/blog/2012/09/moocs-what-role-do-they-have-in-higher-education/ http://www.insidehighered.com/sites/default/server_files/files/MOOCS%20far%20the%20rest%20of%20us%20January%2022%202013.pdf http://www.edtechmagazine.com/higher/article/2013/02/11-enlightening-statistics-about-massive-open-online-courses http://www.nst.gav/statistics/seind12/c2/c2s2.htm http://www.forbes.com/sites/steveodland/2012/03/24/callege-costs-are-soaring http://nces.ed.gov/pubs2012/2012154.pdf http://oedb.org/advice/advantages-to-online-colleges/ http://webberm.wardpress.com/com-546-papers/histary-of-distance-education/ http://www.scientificamerican.com/article.cfm?id=massive-open-online-courses-transform-higher-education-and-science http://www.nytimes.com/2012/11/04/education/edlife/massive-open-online-courses-are-multiplying-at-a-rapid-pace.html?pagewanted=all http://www.universityaffairs.ca/all-about-moocs.aspx http://chranicle.com/article/The-Professars-Behind-the-MOOC/137905/#id=results http://blags.luc.edu/hubbub/news-editing/students-learn-the-ins-and-outs-af-virtual-classroom-as-online-course-enrollment-explodes/ http://www.edtechmagazine.com/higher/article/2012/07/50-striking-statistics-about-distance-learning-higher-education http://www.ohe.state.mn.us/dPg.ctm?pagelD=948& 1534-D83A_1933715A=Bb63e2fe4a2a377ab27af73080b907d03c513967 http://advocacy.collegeboard.org/sites/default/files/college-pricing-2012-tul-rep art_0.pdf http://hackeducation.com/2012/12/03/top-ed-tech-trends-af-2012-moacs/ 267 FROM THE CLASSROOM TO THE COMPUTER THE FUTURE OF INline Education 360° e=mc? ん + 19 9. V25 COLLEGE ENROLLMENT BY THE NUMBERS U.S. UNIVERSITY ENROLLMENT 1994 14.5 MILLION 2009 20.7 MILLION Projected +16% undergraduate Projected increase in +13% first-time freshman growth between 2008-2019 enrollment between 2008-2019 AVERAGE WAGES* NO HIGH SCHOOL DIPLOMA $23,504 HIGH SCHOOL GRADUATE $32,900 4-YEAR COLLEGE DEGREE $54,756 *According to the Bureau of Labor & Statistics, March 23 , 2012 ITUITION A BRIEF HISTORY OF DISTANCE AND ONLINE EDUCATION AVERAGE COST PER SCHOOL YEAR AT A PUBLIC, 4-YEAR UNIVERSITY* 1960 The University of Illinois develops PLATO, a system designed to share notes online $8,655 1996 Web Course Tools (WebCT) is developed by University of British Columbia researchers; Indiana University-Purdue University Indianapolis developed ONCOURSE $5,213 $2,225 $2,423 $3,806 1972-73 1982-83 1992-93 2002-03 2012-13 1997 Blackboard Academic Suite is released *In 2012 dollars ONLINE EDUCATION BY THE NUMBERS 6,700,000 Number of students enrolled in at least one online course* *2012 Survey of Online Learning This equates to 32% 32% of all higher education enrollment! 3,000,000 Number of students enrolled in a full-time online college 89% 72% 10 :1 Percentage of public four-year universities and colleges that offer online courses Percent completion rate for students who take online courses at a community college Ratio at which online colleges are growing compared to traditional universities IONLINE EDUCATION: A BREAKDOWN MOST POPULAR ONLINE DEGREES* "According to EducationDynamics, 2012 BUSINESS #1 ADMINISTRATION NON-PROFIT UNIVERSITY OR COMMUNITY COLLEGE FOR-PROFIT EDUCATION #2 ACCOUNTING INFORMATION #3 TECHNOLOGY $15,321 Average amount $3,017 spent on students #4 FINANCE Average tuition costs after grants $26,600 $31,000 #5 PSYCHOLOGY 65% Graduation 28% rate Percent of students taking out loans 48% 96% WHAT IS THE FUTURE OF ONLINE EDUCATION? The MOOC. A MOOC is a massive open online course program that offers free or affordable classes, often with the participation of major universities KEY ATTRIBUTES FREE TO JOIN AND TAKE COURSES THOUSANDS OF STUDENTS PER CLASS SELF-PACED LEARNING Udacity, one of the largest MOOCS, offer an entirely MOOC-based Master's Degree in conjunction with AT&T 3 and Georgia Institute of Technology. The on- campus equivalent is $40,000. NO In February 2013, the GRADING CAN BE DONE COLLEGE CREDIT GIVEN SOME MO0Cs OFFER American Council on CERTIFICATES OF COMPLETION FOR A NOMINAL FEE Education approved five BY AN INSTRUCTOR OR YOUR PEERS MOOC courses, in the fields of science and math, for college credit. It's up to the schools to decide if they want to accept the credit. MAJOR PLAYERS edX COursera UDACITY • Founded by Anant Agarwal of MIT as MITX in December 2011 • Founded in February 2012 by Sebastian Thrun, David Stavens, Mike Sokolsky • Founded by Andrew Ng and Daphne Koller of Stanford in April 2012 • Partnered with Harvard in May 2012 and became edX • 62 total academic • First courses, CS 101: Building a Search Engine and CS 373: Programming a Robotic Car, offered February 20, partners across 17 countries • First course, 6.002x: Circuits and Electronics, offered in March, 2012 under MITX banner • Five courses available for college credits • 3.2 million registered 2012 users Focuses on math and • Operates as a non-profit • 370,000 registered users • 40% of students are from the US computer science courses • 400,000 registered users I MOOC FACTS Percentage of universities 2.6% that currently have a MO0C Course completion rate of MO0C students 15% 9 4% Percentage of universities that have MO0CS in the planning stages* 33,000+ Students enrolled, on average, per class MBA 2,000,000 enrollment across Coursera, edX, and Udacity Approximate total Psychology Finance $60 million Amount given to Harvard and MIT to start edX IT Venture capital funding $21.1 million aised by Udacity ACCounting BUsiness the Edification SOURCES w.foxbusiness.com/personal-finance/2013/01/28/higher-education-trends-ta-watch-far-in-2013 http://bits.blogs.nytimes.com/2013/01/17/measuring-the-success-of-anline-education/ http://www.edtechmagazine.com/higher/article/2013/02/11-enlightening-statistics-about-massive-open-online-courses http://cit.duke.edu/blog/2012/09/moocs-what-role-do-they-have-in-higher-education/ http://www.insidehighered.com/sites/default/server_files/files/MOOCS%20far%20the%20rest%20of%20us%20January%2022%202013.pdf http://www.edtechmagazine.com/higher/article/2013/02/11-enlightening-statistics-about-massive-open-online-courses http://www.nst.gav/statistics/seind12/c2/c2s2.htm http://www.forbes.com/sites/steveodland/2012/03/24/callege-costs-are-soaring http://nces.ed.gov/pubs2012/2012154.pdf http://oedb.org/advice/advantages-to-online-colleges/ http://webberm.wardpress.com/com-546-papers/histary-of-distance-education/ http://www.scientificamerican.com/article.cfm?id=massive-open-online-courses-transform-higher-education-and-science http://www.nytimes.com/2012/11/04/education/edlife/massive-open-online-courses-are-multiplying-at-a-rapid-pace.html?pagewanted=all http://www.universityaffairs.ca/all-about-moocs.aspx http://chranicle.com/article/The-Professars-Behind-the-MOOC/137905/#id=results http://blags.luc.edu/hubbub/news-editing/students-learn-the-ins-and-outs-af-virtual-classroom-as-online-course-enrollment-explodes/ http://www.edtechmagazine.com/higher/article/2012/07/50-striking-statistics-about-distance-learning-higher-education http://www.ohe.state.mn.us/dPg.ctm?pagelD=948& 1534-D83A_1933715A=Bb63e2fe4a2a377ab27af73080b907d03c513967 http://advocacy.collegeboard.org/sites/default/files/college-pricing-2012-tul-rep art_0.pdf http://hackeducation.com/2012/12/03/top-ed-tech-trends-af-2012-moacs/