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An "All You Can Eat" College Degree Could Be The Future Of Higher Education | Co.Exist ... - 0 views

  • The model is fundamentally different, however, than any other adult bachelor programs that you’ve heard of. Students will pay a flat subscription fee of $2,250 for three month’s of “all you can eat” access. During that time. they’ll be able to use the school’s instructional content online, its advisors, and other resources. More importantly, they’ll be welcome to try to pass as many “competency tests” as they want.
  • “We are in essence creating a virtual university--a new one,” says Ray Cross, Chancellor of UW Colleges and UW-Extension. “What is a full-time student in a self-paced competency-based model? Well, we’ve got to define that.”
  • Only 10 students will be accepted for each degree program in January 2014, but as the program expands, Cross says the “sky is the limit,” especially given how many students are open to self-taught online courses around the world.
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  • The Lumina Foundation just awarded the university a $1.25 million grant to evaluate the program and document its creation so that it can be replicated at other schools.
  • For public universities, new ways of thinking about fundamental business models are becoming a necessity. “Our reliance on state funding is shrinking, and that’s true in every state that I'm aware of,” says Cross. “But it’s increasingly difficult for students to afford higher education costs at all levels. That is not a sustainable trend. It just is not. We need to seek alternatives.”
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    Description of Wisconsin's "Flex Degrees."  Pay $2,250 for three months and learn and test as much as you want.
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