Table 4. Cost-savings summary statistics.
Course |
Overall student enrollment, in-person per year |
Student enrollment per year per institution |
Average instructor compensation, per 1000 students (USD) |
Cost of the online course per 1000 students (USD)* |
Savings on instructor compensation (%) |
Increase in student enrollment per year |
|||
In-person | Blended |
Blended/ in-person |
Online/ in-person |
Blended | Online | ||||
EM | 29,992 | 233 (225) | 23,670 (12,170) |
19,130 (6810) |
4520 | 19.2% | 80.9% | 1005 | 5457 |
CMT | 72,516 | 562 (475) | 19,270 (7170) |
16,310 (5630) |
4030 | 15.4% | 79.1% | 1825 | 10,865 |
*Cost of the online course includes production, delivery, and proctoring