UMass Online Reports Record Enrollments and Revenue
May 10th, 2008
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UMass Online is reporting record enrollments and revenue from its virtual programs. The Boston Globe explains:
"Matching last year's results, which were the best in three years, fiscal year 2008 at UMassOnline saw a 26.2% increase in enrollments, to 33,900 over 26,855 in fiscal year 2007, and a 31.9% increase in revenue to $36,977,854 over fiscal year 2007 revenues of $28,030,985.According to the Sloan Consortium's most recent research report entitled 'Online Nation: Five Years of Growth in Online Learning,' online enrollments nationwide were growing by 9.7% as of the Fall, 2006 semester, while the growth rate in the overall higher education student population was 1.5%. In contrast UMassOnline's enrollment in fiscal year 2008 grew two and a half times faster than the national average for online enrollments.
UMassOnline CEO david gray attributes the sustained growth, in part, to developments throughout the fiscal year that saw UMassOnline, introduce new "blended learning" innovations for online learners."
Just a few months ago, UMass Online announced three new online programs. Perhaps they're hoping to make next year a record breaker as well.
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