One of the major advantages of pursuing a degree online is the decreased cost of attendance. Not only does pursuing a degree online save money on commuting and living expenses, but this type of education also allows for a more flexible work schedule.
With the rising costs of fuel, commuting to school is becoming less and less an option for many individuals. Online education eliminates this cost, as students attend class from home, or anywhere else they have access to the internet. By completing education online, students save both time and money related to the costs of commuting. By eliminating a commute of 30 kilometres, students can save up to £1000 per year.
Additionally, prospective students will not have to relocate to their physical campus, eliminating the costs related to moving. These costs can include the hiring of movers, as well as financing a security deposit on a new place to live. The cost of moving can also involve taking time away from work, or starting a new job entirely.
Also, since the student does not need to live in proximity to their institution, there is a greater possibility of finding affordable housing. For example, when one compares the cost of living in Central London to Outer London, savings on a studio are approximately £65 per week. Now, imagine the cost of living in York, compared to the cost of living in London. The savings are roughly £100 per week!
Online education is particularly advantageous to prospective students who have financial obligations requiring full-time employment. The savings for these students translate into not having to interrupt this employment by attending classes at a physical campus. In this way, students can maintain a full-time job with the convenience of attending class at any other time of the day.
Students are able to pursue their education without the constraints of being present in a classroom. That being said, students are also able enjoy a little more financial security with the lower costs associated with online education. The best way to see one of the many programmes available is right for you is by doing a little research. Now that you are aware of the potential savings of online education, you will be that much closer to making an informed decision about your educational future.