Online Students Score Huge Financial Victory

Mar 22nd, 2006
Online Students Score Huge Financial Victory

A huge obstacle to online education is the lack of funding available to students. Unlike with traditional education, the grants and scholarships are just not there.

But perhaps that is about to change.

Congress has officially approved the 50-50- rules, which means that as long as a college has at least 50% of its classes in the traditional format, it can also receive financial aid for its students taking online courses.

For millions of college students, an unexpected floodgate of opportunity has been kicked open by Congress. History may record this event as the catalyst for a significant societal shift — the great education equalizer. Because now the inner city high school graduate, the single at-home mom, the physically-challenged career aspirant, and the struggling entry-level employee can move up the economic ladder with an online education enabled by government monies.

This heralds a change in education, with the opportunity for online degrees increasing for so many more students.

What do you think? IS this a triumph, or a possible lead to a reduction in the traditional values of education?

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