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CNN Live At Daybreak
Going Back to School Without Ever Leaving Your House?
Aired August 01, 2003 - 05:17 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: With job losses on the front burner these days, maybe you'd like to improve yourself. How about going back to school and doing it without ever leaving your house?
CNN's Mara Wilcox has more on that for you.
(BEGIN VIDEOTAPE)
MARA WILCOX, CNN CORRESPONDENT (voice-over): It's another late night at the office for A.J. Triano. But he's not working for his employer. He's working for an MBA and doing it entirely online.
A.J. TRIANO, UNIVERSITY OF PHOENIX ONLINE: I'm getting my degree online because the economy that we're in, I have to be marketable.
WILCOX: In a weak economy, many are having trouble just staying employed and government statistics reflect a higher unemployment rate among the less educated. That's one reason adults are going back to school in record numbers. Another factor in the jump, online degree programs have made education much more accessible.
TRACE URDAN, EQUITY ANALYST, THINKEQUITY: It's absolutely an incredibly powerful trend right now. The ease of access that the Internet provides has really opened up a whole new market opportunity for working adults that were, would like to get an, would like to get a degree but were not able to actually physically come to a campus.
WILCOX: Half a million students enrolled in Foley online education programs this year. And that number is projected to climb steadily. About 86 percent of colleges now have some sort of online program and top tier universities are signing up, New York University, for example.
ANTHONY DAVIDSON, NEW YORK UNIVERSITY: People are more open in an online environment. They're going to be more willing to express their opinions. They're going to be more willing to speak up, to raise their hand, to critique somebody else's work.
WILCOX (on camera): Many corporate managers are viewing online degrees with the same credibility as those from brick and mortar institutions. One survey showed that 79 percent rated a distance degree as good as a residential option. That number is up from just 50 percent in 1989. And when the name of the school is immediately recognizable to employers, the rating goes to above 90 percent.
Mara Wilcox, CNN Financial News, New York.
(END VIDEOTAPE)
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Aired August 1, 2003 - 05:17 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: With job losses on the front burner these days, maybe you'd like to improve yourself. How about going back to school and doing it without ever leaving your house?
CNN's Mara Wilcox has more on that for you.
(BEGIN VIDEOTAPE)
MARA WILCOX, CNN CORRESPONDENT (voice-over): It's another late night at the office for A.J. Triano. But he's not working for his employer. He's working for an MBA and doing it entirely online.
A.J. TRIANO, UNIVERSITY OF PHOENIX ONLINE: I'm getting my degree online because the economy that we're in, I have to be marketable.
WILCOX: In a weak economy, many are having trouble just staying employed and government statistics reflect a higher unemployment rate among the less educated. That's one reason adults are going back to school in record numbers. Another factor in the jump, online degree programs have made education much more accessible.
TRACE URDAN, EQUITY ANALYST, THINKEQUITY: It's absolutely an incredibly powerful trend right now. The ease of access that the Internet provides has really opened up a whole new market opportunity for working adults that were, would like to get an, would like to get a degree but were not able to actually physically come to a campus.
WILCOX: Half a million students enrolled in Foley online education programs this year. And that number is projected to climb steadily. About 86 percent of colleges now have some sort of online program and top tier universities are signing up, New York University, for example.
ANTHONY DAVIDSON, NEW YORK UNIVERSITY: People are more open in an online environment. They're going to be more willing to express their opinions. They're going to be more willing to speak up, to raise their hand, to critique somebody else's work.
WILCOX (on camera): Many corporate managers are viewing online degrees with the same credibility as those from brick and mortar institutions. One survey showed that 79 percent rated a distance degree as good as a residential option. That number is up from just 50 percent in 1989. And when the name of the school is immediately recognizable to employers, the rating goes to above 90 percent.
Mara Wilcox, CNN Financial News, New York.
(END VIDEOTAPE)
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
