Online Learning Update

October 28, 2016

This MBA costs less than $22,000

Filed under: Online Learning News — Ray Schroeder @ 12:02 am

by Katie Lobosco, CNN Money

Schools with top MBA programs are flocking to offer more affordable, online versions — and the University of Illinois recently launched one of the least expensive yet. ┬áIt costs students less than $22,000 total. That’s about one-third of the price for the university’s traditional, on-campus program. Temple University’s top-rated online MBA program charges nearly $60,000 for the degree, according to U.S. News and World Report. Getting an MBA online isn’t for everyone. But people who want to get one — without quitting their jobs and taking on a lot of debt — are signing up. The University of Illinois launched the program, which it’s calling an “iMBA,” in January. About 265 people have enrolled and are, on average, 37 years old with 12 years of work experience. Most live in the U.S., but nearly 18% are abroad.

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