Free Online Learning Statistics and Colleges that will blow Your Mind!

Now more than any other time in history we are encountering tremendous technological advancement. Due to this, we are utilizing the many benefits that technology and the internet bring at an increasing pace. The influx of online advancements has brought new methods of learning that were never previously possible. With the Covid pandemic encouraging us to examine our learning institutions and driving more families to choose distance learning, there is now a big market for online classes. Here are some free online learning statistics and colleges that will blow your mind. But before we begin,  what exactly is online learning?

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What is Online Learning?

E-learning, more widely known as online learning, refers to learning completely on the internet.  There are various online learning programs available such as ones allowing the student to gain a college degree or study other online courses. While online learning used to be more widespread in higher education it has now become a norm in our society. Online learning expands the reach of our education system to allow a diverse student body to access a high-quality education no matter where they are located.  In addition, online learning is extremely popular for the flexibility it offers its students for they can generally take their required courses at their own pace.

Free Online Learning Statistics and Colleges that will blow Your Mind

Industry has grown by over 900% since 2000

Since the internet’s huge advancements since 2000, the online learning industry has skyrocketed, growing by over 900%. The latest trends suggest that e-learning will continue to grow as time passes.

E-Learning Market Is Projected to Grow over $240 Billion by 2022

The Statista Research Department projected that the e-learning market would surpass 243 billion U.S dollars in 2022. This statistic makes sense due to the huge increment in online learning programs that continue to multiply daily.

Increases retention rates from 25% to 60% 

As The Research Institute of America reports, e-learning boosts retention rates from 25% to 60% compared to in-person learning which is a low 8% to 10%. The reason is simple. Online study gives learners the ability to return to their courses and revisit material that may require clarification. Also, the student has more control over his studies which greatly benefits his overall growth.

Online learning improves grades

According to a McGraw Hill research digital study performed in 2017, a whopping 60% of students reported that the use of digital technology had improved their grades. This is possibly due to the fact that a student that learns online has the power to choose where he studies rather than attempt to learn in a bustling classroom environment.

E-learning saves time 

A Brandon-Hill study proves what we all can chalk up to be true. E-learning saves a tremendous amount more time than learning in a typical classroom setting. This is due to many reasons, the major contributors being that the student can speed up his learning pace and learn anywhere and anytime for the most part.

In 2018, 47% of students chose e-learning

Even though we regularly associate online learning as a phenomenon that is connected to the COVID-19 pandemic, we shouldn’t forget that it was popular before as well. Students whose finances or household circumstances don’t permit them to study in person often choose online courses.

COVID increased the demand for e-learning by 400%

When the Covid-19 pandemic began, almost every school switched to distance learning. That meant a huge increase in demand for online learning options as global market insights prove. Yet it’s not the only online school that led to the demand for e-learning. With so many people quarantined, there was a large growth in participation in programs teaching various skills.

Ivy League schools offer e-learning

Did you know that the 8 Ivy League schools offer e-learning? Even well before the Covid-19 pandemic, Ivy League schools have introduced some online learning options.

Can save $40,000-$80,000 in four years (or more)

There’s a reason why an increasing number of students are choosing to pursue a degree or gain education through online learning. That is because you will invariably save money if you choose e-learning. It is also a reason why companies and organizations are utilizing e-learning for part of their employee training because it is a much cheaper alternative to in-person learning. With the tuition of four-year programs rising with every passing year, many people are choosing the online learning path. In addition to saving on tuition costs, you also save on having to pay extra fees such as materials and room-and-board. Saving thousands of dollars allows you to pursue your dreams without an extreme financial loss.

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Interesting Facts about the University of the People

Now that you’re well versed in online class facts, there’s something else you should know as well. The University of the People is a 100% online, tuition-free school that offers multiple degree programs. This is no ordinary online learning platform.

The University of the People offers degree and certificate programs to a global student body, having an extremely broad reach in an effort to be widely accessible. The University of the People also has multiple corporate partnerships in order to enrich degree programs and increase student opportunities. If you’re interested in obtaining an affordable education that doesn’t compromise on quality, you should check out the University of the People. 

Final Thoughts

Now that you know all these facts about learning you are starting the journey to finding a better education that doesn’t leave you piled in student debt. Before you commit to an in-person, traditional university or school it’s important to weigh the benefits of online learning.

Choosing e-learning is a great investment in your future success for it saves you a load of money and time. Finding the right program that suits your needs and has a flexible schedule is also important so that you can complete your courses in a timely, yet less stressful fashion.

E-learning doesn’t stop in the classroom, though. Many corporations utilize e-learning to give employee training and individuals can use online learning to advance their hobbies and skills.

The future of e-learning is bright folks and it’s just beginning, so buckle your seatbelts.