| The credit crunch and stock market crash will have | | | | same degree offered through online education. |
| an impact on households' income and their ability to | | | | Most learning materials used in online degree |
| pay for college. The tuition fee, room, books, travel | | | | programs are in digital format that can be |
| and other college expenses are continuing to soar | | | | downloaded from the online learning system of the |
| while the economy has worsened. With today's | | | | school. Although the online colleges may add some |
| economy situation, it will be much more difficult to | | | | charges to the downloadable online learning materials, |
| obtain a student loan. Parents are looking for | | | | it still a saving if compare to the cost needed to |
| alternative education options for their children and | | | | purchase those printed books and references |
| online education has came out to be the best | | | | required by campus-based colleges. |
| education option that meets the tight education | | | | Another key advantage of online education to be the |
| budget of the parents. | | | | best education option for those who have tight |
| Prior to this economy crisis, students who choose to | | | | education budget is the online students can choose |
| pursue their degree online are mainly enjoying the | | | | to work while pursuing their degree. Most online |
| benefits of online education that give them flexibility | | | | degree programs have some sort of flexibility that |
| study environment, but with economy downturn that | | | | allows the students to plan their own pace of study. |
| leads to a recession, cost effectiveness of online | | | | This advantage enables the students who are |
| degrees may become the key factor that divert | | | | working for extra income to plan for their study time |
| many of pro campus-based parents and students to | | | | that fit into their working schedule. Moreover, the |
| opt for online education. | | | | students who are working do not need to rush to |
| Getting a degree through online education program | | | | college after work; instead, they can go home and |
| can be a good option in the recession period. As the | | | | take a bath and nice dinner before they logon to the |
| online education enable students to logon to the | | | | online class from their comfort home. |
| classes from their home or any location at their | | | | Summary |
| convenient, it eliminates the hassle of traveling to and | | | | In the bad economy situation, education for children |
| from the college, while helping to save in term of | | | | still needed to be invested for their better future. |
| traveling cost. Students who study at campus-based | | | | But, with online education, parents have a better |
| college that is far away from their home may need | | | | education option that can meet their children |
| to relocate by renting a room and a house that close | | | | education requirement while fulfilling their tight budget |
| by; this additional cost can be saved by pursuing the | | | | plan. |