Thursday, April 11, 2019

Online college

As wages for low skilled workers continue to rise, those proposing to raise the minimum wage are now calling for a living wage which makes more sense. The downside is that more of these jobs will be automated. As the cost of something increases there is pressure to find alternatives. The same thing is happening in education. As the cost of tuition follows the rise in student loans or perhaps the other way around, more and more on line courses will become available. Aside for going in for lab work many students in the future will be working from home. The need for campus learning will decline and colleges will become specialty schools. With online learning, if you miss a point in a lecture you just back up and go over it again. The use of open book exams allow students to find out what they know as opposed to finding out what they don't know. Students go to a campus sites for final exams where a proctor gives the exam. This has been the case with financial planners who take an exam that is offered at the same time across the country. Typically each course has 18 sections which are studied over a semester and then the student goes to a central location for a two hour essay type exam. This is the future for universities.

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