Online vs. On-Campus: An Analysis of Course Prices of U.S. Educational Institutions
Pricing online courses is an important issue for managing online education. This research note reports a statistical analysis of price differences between online courses and on-campus courses at 103 US educational institutions based on the data available on the Internet. The finding indicates that educational institutions set significantly lower prices of their online courses than that of on-campus courses, private educational institutions set significantly lower prices of their online courses than public institutions, and small institutions or large institutions set significantly lower prices for their online courses than medium-sized institutions.