“With the generous support of Lumina Foundation, CCAP is releasing today the fourth part of the five-part study 25 Ways to Reduce the Cost of College, a detailed analysis of different ways that college administrators and public policy leaders can cut college costs, with the goal of making colleges both more productive in their use of resources and also more affordable to students. The fourth part, titled “Exploit Technology,” includes the following five chapters:
16. Move More Classes Online: For-profit institutions have demonstrated that online education can greatly lower costs for students by taking advantage of economies of scale. Furthermore, online courses can significantly reduce capital costs associated with traditional instruction. They also allow students to live at home and save money through reduced commuting and room and board costs.