Online students vs Traditional students

Is online education the way of the future? Twenty years ago we would have thought the chances of people getting a good education were based on their ability to get to a physical school or meeting place of some sort.
The internet has changed that and has meant that learning can occur everywhere and at anytime.

Below is an interesting pictorial graph comparing online students with traditional students. I wonder how this will look in 20 years time. It is interesting to look at the costs involved at the bottom of this page.


Via: Online PhD Programs Blog