One thing that the Great Recession has taught us, it’s that good education is valued, even during the toughest of times. While some may doubt the wisdom of investing in a college education in these recessionary times, the statistics show that the unemployment rate for people with bachelor’s is half the overall rate of unemployment in the country. If this is not reason enough to open their eyes to the growing reality that education is your most powerful weapon against economic downturn, then nothing will. Unfortunately, many of us may find it difficult to obtain a college degree due to a variety of reasons. Financial responsibilities, national circumstances or lack of funds could pose barriers to a college education. For these individuals, the curriculum online are a huge bonus.
Online degree programs are gaining popularity not only with professionals who work at home moms, and single parents, but it’s fast becoming the chosen mode of higher education for many students as full-time much. Sloan Consortium, an organization focused on improving standards of distance education in the country, issued a report stating that 3.2 million students took at least one online course during 2005
Keeping pace with the times and to meet growing demand, many international universities now offer online degree programs. In fact, according to the National Center for Education Statistics, 66 percent of Title IV (eligible for Federal Student Aid) degree-granting institutions of postsecondary education courses offered distance education in the 2006-07 academic years.
So why students ask increasingly began to prefer online degree programs? The reasons are many. These courses are often self-learning and provide students the opportunity to design their own schedule, which works well for those who have jobs or families to support. Since then, students can access learning resources at home; they are not bound by geographical boundaries. Online degree programs are of course much cheaper than their traditional, on campus and courses available versions range from certificates to diplomas and advanced degrees such as Bachelor, Master’s, and even a Ph.D. In addition, several universities offer assistance financial to deserving students.
However, a niggling issue that remains in the heart and mind of those armed with an online degree program is their market value. Perception about online degrees has definitely changed for the better over time. According to a report published by Sloan Consortium, the percentage of university leaders who assessed the learning outcomes in online education as the same or better than face-to-face from 57 percent in 2003 to 62 percent in 2006. A survey by the Distance Education and Training Council found that 70 percent of supervisors of listed companies in line or distance learning degrees just as valuable or more valuable than traditional degrees in the same field. However, one must consider the fact that some online degrees are more easily adopted by other employers. These degrees in health care, business and technology.
With the change in perception and acceptance increasingly online degrees, the world is yours to conquer. All you need to do is make sure you earn the degree from a renowned university institutes and avoid bad or diploma mills.