The credit crunch and stock market crash will have an impact on households’ income and their ability to pay for college. The tuition fee, room, books, travel and other college expenses are continuing to soar while the economy has worsened. With today’s economy situation, it will be much more difficult to obtain a student loan. Parents are looking for alternative education options for their children and online education has came out to be the best education option that meets the tight education budget of the parents.Prior to this economy crisis, students who choose to pursue their degree online are mainly enjoying the benefits of online education that give them flexibility study environment, but with economy downturn that leads to a recession, cost effectiveness of online degrees may become the key factor that divert many of pro campus-based parents and students to opt for online education.Getting a degree through online education program can be a good option in the recession period. As the online education enable students to logon to the classes from their home or any location at their convenient, it eliminates the hassle of traveling to and from the college, while helping to save in term of traveling cost. Students who study at campus-based college that is far away from their home may need to relocate by renting a room and a house that close by; this additional cost can be saved by pursuing the same degree offered through online education.Most learning materials used in online degree programs are in digital format that can be downloaded from the online learning system of the school. Although the online colleges may add some charges to the downloadable online learning materials, it still a saving if compare to the cost needed to purchase those printed books and references required by campus-based colleges.Another key advantage of online education to be the best education option for those who have tight education budget is the online students can choose to work while pursuing their degree. Most online degree programs have some sort of flexibility that allows the students to plan their own pace of study. This advantage enables the students who are working for extra income to plan for their study time that fit into their working schedule. Moreover, the students who are working do not need to rush to college after work; instead, they can go home and take a bath and nice dinner before they logon to the online class from their comfort home.SummaryIn the bad economy situation, education for children still needed to be invested for their better future. But, with online education, parents have a better education option that can meet their children education requirement while fulfilling their tight budget plan.
We all know that education prices are skyrocketing, and the return on investment (ROI) is not so clear. Degrees, they say, used to guarantee a job, and now jobs that used to only require a bachelor’s degree require a master’s, and so on. This means that the ROI has decreased, and that higher education is undergoing inflation. Technological changes, moreover, are eliminating midlevel service jobs.According to a May 2011 report by the Center on Education and the Workforce at Georgetown University, full-time workers with a bachelor’s degree earn, on average, 84 percent more over their lifetime than those with only a high school diploma. If workers, then, with a bachelor’s degree are now filling jobs that those with only a high school diploma used to have, then living conditions and salaries for them are poor, and salaries for those without a degree are unlivable. In this situation, it is necessary to earn a higher degree, and yet, hard if not impossible to receive a decent ROI for the time and money spent.In comes online education. Online higher degrees are becoming more credible and more common. And as if on a linear train of thought – in comes free online education, offered from top universities around the country (MOOCs). Moreover, the career opportunities that only a degree-in-hand allow are merging with online ed options: just a few weeks ago Georgia Tech announced that it was merging with Udacity to provide a reasonably-priced computer science program. In the totally unbalanced situation of higher than reasonable brick-and-mortar degree prices versus free online education, hybrid models are emerging as one way of answering to the issue for positive ROI outcomes.ROI: What Does It Really Mean? OR Is Money What It’s All About?According to government projections, by 2020, only three of the thirty fields with the largest projected job openings will require a bachelor’s degree or higher to fill the position: teachers, college professors, and accountants. Most of the available positions will be midlevel jobs not easily replaced by technology such as retail sales associates, fast food workers and truck drivers.College graduates who majored in zoology, anthropology, philosophy, art history and humanities are now among the least likely to find jobs appropriate to their education level, while nursing, teaching, accounting, and computer science graduates are the most likely. Graduates with degrees in marketing, finance, human resources, and advertising are seeing an increase in career opportunities and therefore ROI.’While engineering and computer science consistently rate among the top-paying college majors, students should also research employment demand and hot skillsets,’ Andrea Porter, communications director at Georgetown’s CEW, said to USNews for a piece called ‘College Majors With the Best Return on Investment.’ “Research what skills are most valuable in the labor market… and depending on those ‘hot skills’ you can also obtain a certificate that will provide you skills that will set you apart,” she added.Katie Bardaro, a lead economist at PayScale (an online salary database), contributed to the piece by stating that engineering, physics, computer science, and mathematics boast strong earning potential and low unemployment rates, which can help prospective employees reap the highest return on their education investment.Many are concerned, because where there are jobs there isn’t enough talent and where there is talent, jobs are limited. And since ROI is usually only calculated by the maximum money one receives for their time spent in college, top-paying careers which are in-demand are listed as the top careers.If you are cut out for the analytical work, these advisers say, then do it! For the money.But what about for those who don’t necessary need the maximum paying career – those who see what they want to contribute and what they themselves are talented in as important first, and then wish to identify how to make a living? Is money the most important thing to all of us? When did economical ROI become the most important aspect of continuing one’s education? And the answer of course, is always for some, and for other’s: when this became a concern.No, money is not the most important factor for all of us. “Teachers aren’t in it for the money,” for example, is a common expression of the profession. But money can help us get places. Money is necessary to survive. A decent paycheck, good working conditions, and fulfilling our dreams is the ideal for many of us.If money was the only thing that mattered, then perhaps we would all heed the advice of the higher education advisers who say – enter computer science now! Perhaps it is not that we do not have the ability, talent or work ethic, but simply, that our interests lead us somewhere else. Some of us have our own visions to follow. What then?Fulfilling Our Highest VisionsWe have an economy that is based on creating revenue by selling things we don’t need cheap and making a profit vs. filling real world needs for humanity’s benefit. We are conditioned to want more money and certain things – often brands. There is too much competition in fields we don’t really need, and too many shady businesses and practices that take advantage of people. Imagine if we focused on the best and putting capable people into jobs that actually serve people, imagine if money didn’t matter the way it does for people and businesses of today. But it does because money is the most powerful thing in our world. Even knowledge doesn’t come close to the power money allows a person to yield.Technology should make things easier on all of us, not take away a limited amount of jobs and further the economic gap between the wealthy and the poor, making only the hardest jobs that cannot easily be filled by technology what’s available to uneducated people. All people should be well-educated. All people have potential. Meaningless jobs should be filled by computers, and people should be encouraged and able pursue their dreams. Make the world a better place. Make themselves better. Make others better. And help the community.Perhaps I am too partial to romanticizing education. I truly believe that it is one of the most powerful forces in the world; that knowledge, not money, should be the most powerful. However, true education, education of this magnitude, is not, I believe, about pushing out “job-ready” graduates with “hot skills” at the right time or moment to enter a certain market. I believe the true graduates are the ones who leave college having faced themselves, and the world around them, and are ready to enter it; that specific skills are as important as life-skills, self-confidence, and general intelligence. That these hot skills don’t in fact add up if graduates are looking at the job market to pick a career, rather than finding their career based on their innate talents and desired life, whether this means that they work in advertising, as a teacher, professor, fisherman, farmer, agriculturist, or politician. We must find our own path and therefore happiness instead of the world demanding, stealing, insisting it away from us.So while education is a good and now an almost necessary cost in the vision of this country and our place in it, and while many things influence our futures in a numerical and calculated way – our parent’s education, our education, society’s demands, and media influences – we must insist on making our own dreams and happinesses real. ROI is not only about money gains, although it is often discussed in this matter. You are not a determined by the money you make.Of course, we must have some kind of practical plan. We have to make it work. And following our happiness, indeed can take a lot of work. And many make their visions work by combining them with one of the strong in-demand fields such as in science, technology, education or business. If we love the outcome, then the work in the end means something. This, in my opinion, is what matters.
The way that we approach education is changing. The internet has changed everything and the internet now plays an important role in the way that we educate children of all ages.With the computer playing a larger role in the classroom and in society, more and more children are starting to use online educational tools at a younger age as part of their learning experience. It is amazing how quickly children can not only pick up the skills necessary to use the internet and online learning tools, but also the lessons they learn from the educational tools itself.Technology is only going to continue to expand and become a more important part of people’s lives and online education will help children not only with their education, but also how to effectively use technology.There are many different ways that online education can improve kids learning experience. Here are some of the most important benefits:• Appropriate pacing: These educational tools allow students to work through lessons and learn at their own pace. They don’t have to worry about keeping up other in the class and can focus on their own personal learning.• Accessibility: The beauty of online education is that kids can access learn tools from everywhere. They can use them in the classroom, at the library, and at home as long as they have an internet connection. Additionally, the cost of online learning tools is affordable and more widely available as you only need to go online to gain access.• Flexibility: Internet based educational tools are designed to be flexible. They allow students to come back to previous lessons, dive in and out of content, and it allows them to save their work quickly and easily.• Less intimidating: Learning in a classroom setting can be intimidating. This is one of the main reasons that many kids do not participate as much as they would like. These educational tools eliminate the intimidating factor.• Increased levels of engagement: internet educational tools increased a child’s level of engagement with the material though the use of interactive graphics, videos and other media.• They learn how to use technology: Part of the educational process that is often forgotten when it comes to online learning is that the kids that use the programs will also be learning how to use technology as they interact with the learning tool. Understanding how to effectively use technology is a skill that all children will need as they further their education and enter the workforce.• They supplement children’s education: Online education helps to supplement your children’s current education. Whether they are having trouble with math, reading, science or just need to approach learning in a new ways, these tools are designed to help.Online education is only going to continue to become a more important part of our education system. We are seeing this in the way universities and high schools are changing. Online educational tools will prepare your children for further education and help them enhance their overall learning experience.