Geography Matters in Online Higher Education
Boston, MA (PRWeb) March 28, 2007 -- Online education heralded the promise of borderless educational opportunity, yet nearly two out of every three online students live within the geographical region of their awarding institution, according to a recent study by Eduventures, the leading research and consulting firm for the education industry. Even more surprising is that more than one-third live within a 50-mile radius of their online education provider.
"At the height of the dot-com boom, some commentators assumed that online delivery would remove geography from the higher education equation. The projected ability to study at any institution, nationwide or internationally, implied that the geographic fragmentation of U.S. postsecondary education would be fundamentally disrupted," said Richard Garrett, Eduventures program director and senior research analyst. "This does not appear to be the case." In fact, Eduventures' research shows that of consumers willing to consider an online program, 63% preferred an online provider to have some physical presence at least within their state.
Eduventures' report, Online Higher Education Market Update, Part I, also considered the market size and share of online education. Eduventures found that:
- The online higher education market continued to grow strongly through 2005 and 2006. The total number of students in online programs at the end of 2006 is estimated to have exceeded 1.5 million (24% growth over 2005) and represents 8.6% of all higher education students in the United States at degree-granting, Title IV eligible institutions. This is up from 7% in 2005, and is projected to rise to around 11.5% in 2008 (approximately 2.13 million students).
- At the close of 2005, the tuition revenue market size for online higher education was around $6.2 billion. By the end of 2006, it jumped approximately 30% to around $8.1 billion.
- A small number of schools account for a significant proportion of online students. For example, in 2005, out of 156 schools with data, 10% of schools accounted for more than 63% of reported online students. The vast majority of online program providers have relatively small numbers of online students—fewer than 500.
- While accounting for only 5.1% of students at degree-granting institutions in 2004, for-profit schools encompassed 37% of online students. By 2008, for-profit market share of online students is expected to fall to 32%.
"Strong consumer interest in online delivery, far in excess of current participation, combined with the growing acceptance of online education by constituents, including faculty, institutional management, governments, students, consumers, and employers, suggests room for significant growth for the foreseeable future," said Noah Carp, senior analyst for Eduventures and co-author of the report.
Eduventures' report, Online Higher Education Market Update, Part I, provides market analysis of the online higher education market, including online student population, growth rates, dollar size, and market share, with unprecedented details on the market by credential, discipline, and geography. This research is a product of Eduventures' Online Higher Education Learning Collaborative, a member-based research program designed to help college and university administrators responsible for their institutions' online programs address critical strategic, marketing, and operational challenges, as well as Eduventures’ Industry Solutions division, which provides research and consulting to providers serving the education market.
About Eduventures
For more than a decade, Eduventures has been the most trusted name in the education market for research, consulting services, and peer networking. Its clients include senior administrators and executives from leading educational institutions and companies serving the K-12, higher education, and corporate learning markets, as well as decision-makers in government agencies and the investment community. For more information, visit www.eduventures.com.
Contact:
Steven Shapiro
303.886.6342
sshapiro(at)commstratgroup.com
###
Related Articles:
White Paper by Perth Leadership Institute Assesses Presidential Front-Runners? Financial Psychology and Global Competitive Impact
Paper concludes that all three frontrunners focus on resource redistribution rather than value creation and will all have adverse long-term impacts on US? global competitive position, but to varying degrees, with Clinton likely having least adverse impact.
Using Psychology Easily on Your Website to Make More Sales!
Psychology is a long word which everyone thinks, "no, that's not for me, it'll be too difficult". Apart from being lazy, anyone who thinks this is wrong.
Drexel University Launches Online Degree in Psychology
Drexel University Online, winner of the 2006 21st Century Best Practice Award for Distance Learning from the U.S. Distance Learning Association, launches an undergraduate online degree in Psychology.
The Psychology of Weight Loss: Part 1 - The INSIDE OUT Mindset
WHAT DOES BEING FIT REALLY MEAN?The "INSIDE-OUT" approach to fitness differs from that of conventional wisdom. Most programs work on diet and exercise alone.
Hear The Isle Of Light Webcast of Dr. Seth Roberts, Professor of Psychology and New York Times Bestselling Author of The Shangri-La Diet
Seth Roberts, Ph.D., is an associate professor of psychology at the University of California at Berkeley.and the New York Times bestselling author of The Shangri-La Diet. His work has appeared in major scientific journals such as The Lancet and Behavioral and Brain Sciences as well as in The New York Times, Harpers and on Good Morning America. Dr. Roberts was recently interviewed on The Isle Of Light Internet Radio Show by host Chyrene Pendleton in a fascinating discussion called, "A Simple, Healthy & Peaceful Way To Lose Weight Eating What You Want". Click MP3 link below to listen now:
http://theisleoflight.com/TalkShows/SethRoberts.mp3
Color Psychology - Logo Design
When we see colors, we connect with them instantly on a subliminal level. No one can be sure if our reactions are the result of our very human nature or if they are shaped by our socialization, but the reactions are very real. The human mind is hardwired to respond to color.
Penn State Launches Two New Psychology Degrees Online
Penn State has become the first public university to offer two online psychology degrees (http://www.worldcampus.psu.edu/BachelorsinPsychology.shtml?cid=PR_TB14522)--a bachelor of arts (BA) and a bachelor of science (BS) in psychology. Penn State will begins accepting applicants later this month, and courses in the two psychology bachelor's degrees will begin in summer 2008. The BA program is geared towards professionals who want to pursue psychology with a focus on the human-services aspects of the field, or plan to continue on to a master's degree in psychology. The BS program follows a business track-...
Flipping Fixers: Using Transformation Psychology for Top Dollar
Satisfying and lucrative real estate investment depends upon your correct assessment of profit potential, of course, but your ultimate success depends on your ability to transform a fixer into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits.
Symposium on Relationships in Coaching to be Held at 3rd National Coaching Psychology Conference
Coaching is a potentially intense activity between coach and client, and recent studies indicate that the chemistry needs to be right in these relationships, in order to get the best from coaching. Recent research indicates several critical aspects of the coaching relationship. The participant wants a relationship that they perceive as valuable, and a relationship that is founded on trust. The relationship is also improved when there is transparency and openness.
Professor Stephen Palmer will be facilitating a symposium on the topic of coaching relationships at this year's 3rd National Coaching Psychology Conference to be held at City University London, on Monday 17 and Tuesday 18 December 2007, organised by the British Psychological Soc...
The Psychology Of Success
Everybody has a dream. A fantasy, if you like.