Will online education prevail?

Prepared by:

Valentín Montaña Mendoza

Online education: The convergence

of technology and education

Online education is:

Opportunity for all

Accesibility

Flexibility

Better planning

Quality content

Lower costs

A balance between job and studies

The US is the benchmark…

… for online education

The number of students enrolled in at least one online course in the US has risen from 1.6 million in 2002 to 6.7 million in 2012

(Source: The Sloan Consortium)

32% of US students took at least…

… one online course in 2012(Source: The Sloan Consortium)

Coursera is leading the online education growth with over 2 million students enrolled up to now

Over 65% of academic leaders believe that online education is critical to their

institution’s long-term strategy(Source: The Sloan Consortium)

77% of academic leaders rated online education as equal or better than face-to-face education…… but a small minority continue to believe that online education is of an inferior quality

(Source: The Sloan Consortium)

Only 30.2 percent of chief academic officers believe their faculty accepts the value and legitimacy of online education

(Source: The Sloan Consortium)

But students believe that online education is just as good as face-to-face education

and with further advantages (flexibility, accessibility, low cost,

opportunity)

So what’s future of online education?

Online education will continue to grow and to gain market share from face-to-face education

So what’s future of

face-to-face education?

The business model of face-to-face education is costly and it might not be viable in the event of a drop in both student enrollment and endowments

Will academic leaders restructure their face-to-face education institutions to align them withthe changes observed in the market?

“Once you see this pattern—a new story rearranging people’s sense of the possible, with the incumbents the last to know—you see it everywhere. First, the people running the old system don’t notice the change. When they do, they assume it’s minor. Then that it’s a niche. Then a fad. And by the time they understand that the world has actually changed, they’ve squandered most of the time they had to adapt.” “It’s been interesting watching this unfold in music, books, newspapers, TV, but nothing has ever been as interesting to me as watching it happen in my own backyard. Higher education is now being disrupted; our MP3 is the massive open online course (or MOOC), and our Napster is Udacity, the education startup.”

Clay Shirky in Napster, Udacity, and the Academy.

The educational sector is becoming more complex and dynamic, with new opportunities and new threats.

It is likely that the end user will benefit from lower or zero educational costs, and from new methods of delivering educational content.

Online education is the driving force behind these changes. It will certainly prevail.