State Budget Woes Could End Online Degree Progams

Posted by bposton on June 11th, 2009 — Posted in online degree programs psychology

On a national level, the growth of online education has been tremendous, growing a close to 20 percent a year over the past 10 years. Today, there are around 1.9 million people are working toward their degrees online. That number equates to about 11 percent of all college students.

While this number is expected to rise even further, some state university online degree programs will be taking a bit hit in their numbers - all due to the sour economy and resulting defecits in state budgets.

Take North Carolina as an example.

While the North Carolina General Assembly is currently grappling with how to balance their budget, one thing seems certain - a drastic cut in funding for online program development at the state’s universities.

Some expect the cuts to online programs to be 50% or higher. In addition, some schools, like East Carolina University, have already diverted online education funds to make up for budget cuts elsewhere.

North Carolina’s public universities started rolling out online programs about five years ago, and the number of programs is about double what it was just two years ago.

But that growth could come to an abrupt end very soon.

Some schools, like NC State University, have already seen a decline in online enrollment, due to the lack of new programs. State budget cuts are targeting this very area - the development of new online degree programs.

Each school has a budget for program development and those numbers are expected to be cut in half - or more. So for now NC schools will have do make due with less, and focus on the limited number of degree programs they were already developing.

And the worst case scenario is that there will not be enough funding to keep the current programs running.

North Carolina is just one example. With 48 of the 50 US States currently experiencing budget woes and the chances are that online degree programs at State Universities are going to take it on the chin.

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