Online Education Saves You BIG Money

One of the more well-known benefits of using elearning is that it saves an organization money. This is a primary reason why many companies leverage elearning for portions of employee training – it is cost effective.

Companies aren’t the only ones that can benefit from the cost savings of elearning. Students can save a lot of money by opting to take online courses.

If you have had an interest in going back to school, then you should consider pursuing your degree online. The convenience cannot be beat, and as the infographic below demonstrates, it is also very cost effective.

Simply by pursuing an online degree instead of an equivalent course at a private university you can save up to $20,000 after one year!

Formal education costs are skyrocketing and they extend beyond just the course. When you go to a public or private university there are additional costs associated with room-and-board, meal plans, materials, and more. With elearning, many of these expenses are no longer applicable.

Depending on the school you decide to attend, after four years you could save anywhere between $40,000 and $80,000! Those aren’t small numbers. Not having to spend that kind of money means you can apply those funds elsewhere in your life.

Online education isn’t for everyone. If you thrive in a live classroom environment, then you will find online courses quite frustrating. Understanding the course content takes a lot more effort since you cannot simply ask a question and immediately receive a response (although many online courses include forums).

If you’re still not sure whether online education is the right choice for you, then start with a small sample. Begin by taking one course to get used to the format. Afterwards, you can take on more courses if you feel it’s a good match for your learning style.

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About the Author:

Justin Ferriman is the co-founder and CEO of LearnDash, the WordPress LMS trusted by the world's leading organizations, such as the University of Michigan, Digital Marketer, WPEngine, and Infusionsoft. Justin has made a career as an elearning consultant where he has implemented large-scale training programs for Fortune 500 companies. Twitter | LinkedIn

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