The Five Major Reasons As To Why Students Have To Pay More For Online Accredited Degrees
The Five Major Reasons As To Why Students Have To Pay More For Online Accredited Degrees
The tuition fees and other associated disbursements that students pursuing online accredited degrees have to pay tend to be higher, significantly higher in fact, than those paid by their counterparts pursuing unaccredited online degrees. We venture to explore the five major reasons as to why students pursuing online accredited degrees have to pay more. The five reasons would include the facts that:1. It costs more to create the content for online accredited degrees: as it turns out, quality of the content (the stuff the students have to study and internalize to be awarded a degree) is one of the elements that have to be checked, to determine whether to accredit the degree or not. But creation of high quality academic content is a costly affair. Initially, the administrators of the institutions offering the said online accredited degrees pay for these content-development costs. But they see it is an investment, which they have to recoup through the fees paid by the students. On the other hand, the content for unaccredited degrees need not be of such high quality. At least, it is not subject to scrutiny from any quarters. So the administrators in the institutions offering them don't have to expend too much money on content development.2. Online accredited degrees are, on average, facilitated by more qualified professors: as it emerges, quality (in terms of qualification and experience) of faculty/teaching staff at a university is one of the major things that are looked at, in determining whether to grant the institution accreditation or not. The institutions offering online accredited degrees have to employ and retain high qualified and experienced professors to earn and retain the accreditation status. Such professors demand hefty paychecks, and at the end of the day, these have to be financed by the students.3. Online accredited degrees are subject to external audits: this means, for instance, that the examination papers sat by the students pursuing these online accredited degrees have to be marked by external examiners. But that is something the colleges offering unaccredited online degrees don't have to do (or, at least, something they have the option of doing at times and not doing at others). The services of these external examiners and moderators cost money, and that is money the student has to fork out, at the end of the day.4. The institutions offering online accredited degrees have to be productive in terms of research: if a college is to retain its credibility (which is the basis for the accreditation), it has to be productive, in terms of research. Unaccredited institutions, of course, don't have to comply with such requirements. Research is costly. And when all is said and done, it is the students at the institutions that are productive in terms of research (which also happen to be the most credible institutions) who have to finance most of the research budgets.5. The content in online accredited degrees has to be frequently updated: this is something the institutions offering the degrees have to do, or else lose the much coveted accreditation status. Now content update, much like the initial content development, costs money - and that is money which the students have to pay. The institutions offering unaccredited degrees don't have accreditations to protect. They update their content as often as they feel like. They don't have to deal with this cost area. Their students therefore end up paying less - but for largely unrecognized degrees.
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