The most promising ways to enroll in college are the ones that require online courses, according to a new report by the consulting firm NCSOFT.
And the next generation of online students is looking for a lot more, according the report.
The study, published in the December issue of the journal Applied Marketing Science, found that about 10 percent of the online students surveyed had taken online courses and had plans to enroll, and another 5 percent had enrolled in one or more courses.
Among the students surveyed, a whopping 77 percent said they were looking to attend college in the coming year.
“The average cost of college is more than $30,000, which means the majority of students are taking a full-time degree,” said Daniel Crampton, a senior research associate in the Marketing Department at NCSOP.
“That means students need to find affordable ways to get into college.”
Crampton’s research shows that the average cost for attending college online, including tuition, books and fees, is nearly the same as attending a traditional public institution.
The report also found that most online courses offer a “good deal” on both the price and the quality of the instruction.
But, the cost varies widely from one course to the next.
In addition, the average price of online courses is lower than at traditional public institutions because students often have access to cheaper online options.
The research found that students in the 18 to 34 age group are the most likely to attend a university course online.
Nearly 10 percent, or 18 percent, of 18- to 34-year-olds said they would like to enroll at a university, compared to 5 percent of college students who were surveyed.
That same group also reported a higher desire to take courses at an online institution than a traditional institution.
Among those 18 to 29 years old, 16 percent said that they would be willing to take online courses.
That number is roughly in line with the percentage of 18 to 24 year olds who would take online college classes.
The number of students in this age group who said they want to take an online course is higher than the 18- and 24-year olds surveyed.
About one in three students in that age group said they have already taken a course at a traditional college, compared with just one in five students in other age groups who said the same.
Online education is on the rise for students across the board, Cramton said.
About half of students aged 18 to 25 said they had taken an online class, compared from 42 percent who said that the same was true for the same age group in 2016.
Among students with a college degree, the proportion of 18 and 25 year olds said that online classes are their top choice for college is similar to the proportion who said so last year.
About 4 in 10 of those who had taken courses online in the past year said they are looking to enroll next year, while about 4 in 5 said that if they had to choose, they would prefer to take classes online.
Overall, there is no shortage of options for students in all demographics to take a course online, Cramspton said.
The report found that nearly half of college and career students said they currently take courses online, and more than three in five have already enrolled in at least one course at an alternative college or university.
The online enrollment of students across all age groups has grown dramatically in recent years, with nearly a quarter of students attending college, or 19 percent, online, the report found.
The percentage of college graduates that have used online courses increased from 15 percent in 2010 to 20 percent in 2016, the study found.
The NCSOM report also shows that college students have shifted their financial focus to other types of sources of income.
About 15 percent of students who graduated from a four-year college in 2016 used their income from the course to pay for their tuition, compared the same percentage that graduated in 2015.
About 11 percent of all students that graduated from high school in 2016 also used their earnings to pay their tuition.
The most popular type of income among students in 2016 was the median income, which is the median amount of money a student received from a college loan.
About 17 percent of high school graduates reported receiving a loan for their college education, compared 18 percent in 2015, and 16 percent in 2019.
The biggest source of income for all students who had attended college was from a job.
About 5 in 10 high school grads who graduated in 2016 said they received their undergraduate education through a job, compared 15 percent who graduated last year, and 10 percent who retired.
College students have become more likely to be the beneficiaries of income from their college degrees.
The average number of years a student reported receiving income from a university was 15 years, and the median was 11 years.
A full 10 percent reported receiving their income through their college degree or degree-granting program.
While college students are finding new ways to earn money, they are also finding new and better ways to save, C