I’ll happily invest financial resources in income boosting education. However, I’m reluctant to fork over cash for high-priced courses. After all, with any investment, you stand a chance to lose money.
According to The College Board, public four-year college tuition costs for in-state students spiked 4.8% between the 2011-2012 and 2012-2013 school year. Attendees of private, nonprofit four-year universities saw their tuition and fees rise 4.2% for the same period.
Although I largely agree with John Rohn’s statement, “Formal education will make you a living; self-education will make you a fortune,” I appreciate diverse forms of education: online, offline, video, audio, written, informal, and yes, formal.
So what’s a knowledge hungry miser to do if the price of post-secondary education continues to trounce inflation?
Well, there is a solution. It’s not perfect, but it is free.
Massive Open Online Courses (MOOCs)
Not sure if you fully digested that acronym, but a massive amount of people, i.e., ANYONE, can enroll in these open, online courses.
Use the MOOC experience to feed your natural curiosity or learn a new skill that’ll help you excel in your career. Students can enjoy instructor led education provided by Duke, Princeton, Stanford, and other renowned universities—for free.
Find MOOCs at . . .
In some instances, students who successfully complete a MOOC receive a certificate, statement of accomplishment, or other formal acknowledgement for their efforts.
But don’t expect universities to treat you the same as their traditional students. You can’t expect to skirt a lengthy admissions process, dodge steep tuition costs, AND pick up college credits. Can you?
I’m looking at enrolling in A Beginner’s Guide to Irrationality for fun and Fundamentals of Personal Financial Planning for my professional development through Coursera.com. See anything you find interesting?