Korn, M. (2015) Yale Will Offer Web-Based Master of Medical Science Degree Wall Street Journal, March 10
This for me is much more significant than the announcement of the first xMOOCs. It is a sign that even the elite Ivy League universities are recognising the validity of online learning for credit, even in the most demanding of subject areas, after ignoring or even denigrating online learning for many years.
However, before you all rush to sign up, note the sticker price: US$83,162 – the same cost as for the on-campus program, which has been limited to 40 students a year. One reason probably for such a high price for an online program is that Yale is contracting 2U Inc to help with the design and delivery of the program.
Another high cost factor is that the program requires hands-on clinical stints at field sites near students and at least three meetings on Yale’s New Haven, Conn., campus for activities such as cadaver dissection. Yale is aiming eventually for about 360 students across both the on-campus and online programs.
Yale’s move reinforces my view that there is still room for major expansion by top research universities into the online professional masters’ market. However, it will be important to price these at a level that makes them attractive to lifelong learners.
So good on Yale for leading the way for other Ivy League institutions. Now let’s hope someone else can do this at a more reasonable tuition fee (which in my view would be in the range of $15,000-$25,000 for the equivalent of a one year master’s program).