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Georgia Tech, Udacity Shock Higher Ed With $7,000 Degree (Masters in Computer Science)
Forbes ^ | 5-15-2013 | Troy Onink

Posted on 05/29/2013 6:09:41 PM PDT by servo1969

Georgia Institute of Technology has announced a partnership with Udacity to offer an online Masters Degree in Computer Science for $7,000, down 80% from the existing cost of $40,000 for the on-campus, instructor led program. Suddenly, masters programs around the country will have to compete with Georgia Tech‘s $7,000 program, and that won’t be easy or fast in coming. The traditionally taught graduate degree in computer science at Georgia Tech is a very well regarded program that is in high demand and has very positive outcomes in terms of jobs and earnings. Georgia Tech graduates tend to do very well in earnings upon graduation, especially in computer science. Now students from around the world will be able to obtain the same degree online at an 80% discount – which is, no doubt, a sonic boom rattling the windows in the offices of college administrators across the country.

This is the kind of disruption that the higher education industry has been expecting and experimenting with using massively open online courses (MOOCs) for free that do not lead to a degree. Georgia Tech and Udacity made a bold move with this announcement. They changed the game by offering a sought after graduate degree through online instruction for 80% less than what the existing classroom curriculum costs, and employers are waiting for such graduates with good paying jobs.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Miscellaneous; News/Current Events; US: Georgia
KEYWORDS: computer; computerscience; georgia; georgiatech; masters; online; science; tech; technology; udacity

1 posted on 05/29/2013 6:09:41 PM PDT by servo1969
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To: servo1969

On one hand Kudos..we need the freemarket in higher ed...on the other I hope this doesnt water down existing graduates degrees.


2 posted on 05/29/2013 6:15:32 PM PDT by aft_lizard
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To: aft_lizard

no reason this can’t be done with undergrad work as well.


3 posted on 05/29/2013 6:16:41 PM PDT by superfries
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To: servo1969

I hope this is the first of many liberal indoctrinated education bubbles to pop. I got 4 kids nearing college age.


4 posted on 05/29/2013 6:18:32 PM PDT by stevio (God, guns, guts.)
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To: superfries

Honestly the world would probably flourish if we eliminated half the degrees, and made an emphasis on technical degrees. Too many degree holders out their who feel entitled.


5 posted on 05/29/2013 6:26:29 PM PDT by aft_lizard
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bfl


6 posted on 05/29/2013 6:27:36 PM PDT by Cooter
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To: servo1969

But when will a Masters degree in 4th. Century Tibetan Poetry be given on-line?


7 posted on 05/29/2013 6:30:54 PM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
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To: aft_lizard
Honestly the world would probably flourish if we eliminated half the degrees, and made an emphasis on technical degrees. Too many degree holders out their who feel entitled.

I don't really mind any degree existing, but I do have opinions on what is worth the cost. However, if universities lower the cost of all degrees, it makes the more marginable degrees that someone may get not for money but for pleasure that much easier to get, and people may get more education.

8 posted on 05/29/2013 6:34:25 PM PDT by Vince Ferrer
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To: servo1969

This is a fantastic development. Online education will change education, mostly for the better, more than it has in the last 1000 years.


9 posted on 05/29/2013 6:35:43 PM PDT by Vince Ferrer
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To: SkyDancer
But when will a Masters degree in 4th. Century Tibetan Poetry be given on-line?

Actually that's just around the corner!

But for now, you can get a degree[stealing from Wilkow] in 15th century hair lip handicap lesbian poetry!!

10 posted on 05/29/2013 6:37:15 PM PDT by CommieCutter
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To: aft_lizard
Or you can be rich and famous and they GIVE you a Doctor title. Affleck - Brown University and many many others.


11 posted on 05/29/2013 6:37:43 PM PDT by Orange1998
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To: Vince Ferrer

There are a lot of free courseware videos from MIT online as well. I started seeing those about 4 years ago. You may not get a degree but you can sit in a few recorded classes to see if you find a particular subject interesting. That’s much better than paying for classes before you find out you hate the subject.


12 posted on 05/29/2013 6:39:37 PM PDT by CommieCutter
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To: stevio

Me too. College is way too expensive. I have too many family members that are suffering from ridiculous student loan debt. It’s criminal what’s happened to some people.


13 posted on 05/29/2013 6:41:59 PM PDT by CommieCutter
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To: SkyDancer

“But when will a Masters degree in 4th. Century Tibetan Poetry be given on-line?”

Does it matter?


14 posted on 05/29/2013 6:42:10 PM PDT by BobL (To us it's a game, to them it's personal - therefore they win.)
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To: FreedomStar3028; Vendome; farlander

Ping!


15 posted on 05/29/2013 6:50:01 PM PDT by 2ndDivisionVet (I'll raise $2million for Sarah Palin's next run. What'll you do?)
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To: servo1969

GT was on our top five list last year for daughter, Chem E major, but due to location and out of state tuition we opted for somewhere else. Will be interesting to follow the next few years, she still has 3 years undergraduate to go.

War Eagle!


16 posted on 05/29/2013 6:51:10 PM PDT by Qwackertoo (Going into Politic Free Zone Momma Grizzly hibernation for a while after this week, maybe forever.)
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To: BobL

I was a joke. I get Rush Limbaugh here on streaming radio. Have to be up late to listen. One day a caller to his show complained of having a Masters degree and couldn’t get a job. Rush asked what it was in. The caller replied “Classical Studies” - Rush was a bit gobsmacked on that.


17 posted on 05/29/2013 6:59:41 PM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
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To: servo1969
BS - Ga. Tech '77
MSANS - Ga Tech. '78

To Hell with Georgia!

18 posted on 05/29/2013 7:06:01 PM PDT by HangnJudge
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To: superfries

My son is going to a Community College his first 2 years to cut down on cost. He wants to go into Computer science, so this is great news! And this should totally be done with Bachelor degrees!


19 posted on 05/29/2013 7:14:34 PM PDT by chae (I was anti-Obama before it was cool)
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To: Vince Ferrer

Agreed. And the marketplace will handle the degree quality issues.


20 posted on 05/29/2013 7:16:54 PM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: SkyDancer

I would say that a degree in classical studies represents a real education. But there is no specific job waiting for you at the end of it, so if thats why you get it, you’re too dim to have a degree in classical studies.

Get your degree in the classics, and then get a job working on the shop floor and learn the business from the ground up. Or get your degree in the classics and then go see your Navy recruiter. They’ll find something for you.


21 posted on 05/29/2013 7:34:08 PM PDT by marron
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To: SkyDancer
But when will a Masters degree in 4th. Century Tibetan Poetry be given on-line?

I knew someone who got a degree in medieval French literature. And she got a job researching medieval French Literature.

22 posted on 05/29/2013 7:34:26 PM PDT by Vince Ferrer
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To: Vince Ferrer

How many jobs like that are available?


23 posted on 05/29/2013 7:46:45 PM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
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To: SgtHooper

Agreed. And the marketplace will handle the degree quality issues.
***********************************
It hasn’t over the last 30 years ... You’ll still have jobs going to Indians and Thais who took a 6 month cram course in computer science , certificates that were bought or received by “group” work .. and have absolutely no experience taking jobs from people that are worth a damn ... The whole H1-b visa scam just won’t go away. Basically you’ll have 1 American with experience in a minor management role riding herd on 20 or so worthless coders that have no CLUE what the requirements are because they don’t speak the language , can’t communicate and can’t picture what the finished product must do.


24 posted on 05/29/2013 8:10:07 PM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
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To: aft_lizard
young people practically thrown into college, not knowing what they want except everyone has told them that to get a "good" job you need a college degree.....

then the school loans come due...

so I am all for these cut rate degrees.....either you know computers or you don't....

btw...here on the west coast, the Western Governors Association has an on line college degree program that is cheaper than any other AFAIK....cheaper than other online programs...

25 posted on 05/29/2013 8:15:26 PM PDT by cherry
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To: Vince Ferrer
My daughter will get her PhD in Early English Lit this June.
Proud that she is graduating but really wish she had chosen a different major.
I stopped paying after she got her Bachelors and told her I won't pay for a degree with no jobs or money attached to it. She was allowed to keep living at home; free room and board, but still blames me for her having to work for her tuition while working on her disertation.
Of course she hates me now and just says I am an old Palaeocon
with no concept of how important this area of study is.
26 posted on 05/29/2013 8:18:56 PM PDT by 5th MEB (Progressives in the open; --- FIRE FOR EFFECT!!)
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To: SkyDancer
How many jobs like that are available?

I don't know, but it can't be too many. I'd guess ten or less in this country, more in France.

27 posted on 05/29/2013 8:24:49 PM PDT by Vince Ferrer
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To: 5th MEB

She may be mad now, but if she worked for it, she may not be in such debt, and she also proved to herself that she has the will for it.


28 posted on 05/29/2013 8:26:23 PM PDT by Vince Ferrer
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To: SkyDancer

Yea, I know it was a joke. I know of someone also getting that degree - “Classics” they call it.

Why they hell does ANYONE need a degree in it? Why not just study it off-line. I mean if you screw up, it’s not like bridges will collapse or people will be given the wrong drug. At worst you’ll attribute something Plato said to Socrates - BIG WOW, as if either of them is going to come back and beat the crap out of you, or a building will burn down.

In any case, if someone wants to get a $200,000 degree in “Classics”, it’s time THEY and ONLY THEY paid for it, not the government, and the colleges through “Need-Based Financial Aid”, as that is driving up the costs of tuition for serious students.


29 posted on 05/29/2013 9:28:34 PM PDT by BobL (To us it's a game, to them it's personal - therefore they win.)
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To: servo1969

That’s a tiny step toward a freer education market. Good news.


30 posted on 05/29/2013 11:36:49 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: servo1969

or you could buy your degree from kingsbridge university like our teachers do here in Illinois. fully acceptable by the dept of education and the state dept. get a PHD online in 15 days for a thousand bucks.

and yes, these 15 day degrees work for immigration purposes in the US and Canada, and are officially signed by john, f’in kerry and the state dept (no one in the private sector would take them, I reckon)

check em out online.

(btw, instant step raises if you are NEA member in our fair state)


31 posted on 05/29/2013 11:45:30 PM PDT by esoxmagnum (The rats have been trained to pull the D voting lever to get their little food pellet)
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To: aft_lizard

The world needs more ditchdiggers... MBA optional.


32 posted on 05/30/2013 1:10:07 AM PDT by Rodamala
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