Tuesday, February 22

The Cost of Education

Today I was watching a bit of TV before getting ready for work and I saw a commercial for a popular online college. I have been in serious debate on how to finish my graduate work and unfortunately cost is a huge consideration for me. With this in mind curiosity led me to the online college's site where I looked both into the graduate education program as well as the tuition breakdown, what I found was shocking. I assumed that attending an online college would be substantially less than the private education I paid for last year, NOT the case. Here's the breakdown.

Popular Online College:
$550 / credit hour
$110 / technology fee PER class
avg cost of taking 2 classes (6 credits) = $3520

Drake University Graduate Program Cost for MST:
$436 / credit hour
$60 technology fee / semester if under 8 credits
avg cost of taking 2 classes (6 credits) = $2676

Difference = $844

I can't wrap my head around it, I guess education is expensive everywhere!

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