This document compares online education to traditional education. It notes that over the next 10 years, two-thirds of job openings will require post-secondary education. The cost of a university degree in Canada is expected to triple from 1990 to 2017. There is over $1 trillion in outstanding student loan debt in the US. Online education provides more flexibility than traditional education by allowing students to learn at their own pace and without commuting to a physical school. Online courses from institutions like MIT and Harvard are now accessible to anyone with an internet connection.

1. Online Education
vs.
TraditionalEducation
Manfred Kao
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2. Over the next 10 years, two-thirds
of job openings will be in
management occupations, or
occupations that require post-
secondary education.
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3. In 2007, 1.7 million people
enrolled in apprenticeships,
colleges, or universities in Canada
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4. The cost of a university degree in
Canada is expected to triple from
1990 to 2017
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5. The Federal Reserve Bank of New
York and Consumer Finance
Protection Bureau estimates $1
trillion in outstanding student loan
debt in the US
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6. That’s the cost of going on a trip
to the moon…
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7. 10,000 times
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8. Will the additional income you
might earn with a degree offset
the cost of student loans you need
to pay for that degree?
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9. Is there a more affordable, more
effective way to educate ourselves?
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10. Image by: Andrew Kuznetsov (via Flickr)

11. Institutions
such as MIT,
Stanford,
Harvard, Yale,
etc. have
provided free
online courses
accessible to
anyone,
anywhere,
anytime
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12. Khan Academy has over 30
thousand videos on YouTube with
400 million views to date
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13. 34% of the world’s population has
access to the internet
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14. That’s 2.4 billion people
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15. Online courses provides flexibility
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16. No more 8:30 Mondays. you can
learn whenever you want
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17. Image by: Steven S. (via Flickr)
You can learn at your own pace

18. No more commuting to school
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19. You are not limited
to one school when
you take online
courses
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20. So what are you
waiting for?
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21. Sources
• http://www.wired.com/2013/11/why-online-learning-is-
more-valuable-than-traditional-college/
• http://money.cnn.com/2005/08/10/news/funny/moontr
ip/
• http://www.statcan.gc.ca/pub/81-599-x/81-599-
x2009003-eng.htm
• http://www.cbc.ca/news/canada/university-tuition-
rising-to-record-levels-in-canada-1.1699103
• http://www.internetworldstats.com/stats.htm
• http://knowledgefirstfinancial.ca/public/csp/106/defa
ult.aspx
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