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Why higher ed’s global brands are starting nondegree online programs
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Are we at the leading edge of a trend that will see demand for master's programs from regional institutions eroded by the emergence of nondegree/non-credit-bearing online programs from elite institutions? A drop in the demand for master's degrees would have significant consequences for many colleges and universities. Over the last 45 years, the number of master's degrees conferred annually by colleges and universities in the U.S. has more than tripled, from 236,000 in 1970 to 759,000 in 2015. Many schools rely on revenues from master's programs to offset the costs associated with undergraduate degrees, and in particular, the growth of...