Tuesday, December 2, 2008

Does the Recession Mean More or Less Online Enrollment?


Yesterday, we were told in the US that we are officially in a recession (duh), and have been since last December. So what does this mean for online enrollments? On the one hand, students out of work or consumed by debt may not have enough money to afford classes. Then again, people who have lost their jobs may use the time on their hands to seek new degrees and careers. I think that online programs, particularly affordable ones at public institutions, will see a extra surge in enrollments because of the economy. Why? Online programs allow students to continue their jobs and save money on gas and other costs such as babysitting. Marketwatch reported today that a survey of visitors to the website, eLearning.com, found that 44 percent wanted to take online courses to embark on a new career. On the downside, a third of the respondents were uncertain as to how they would pay for their education.